RE:Cardinal doing very well these days. That's great, but..... I looked at Cardinal a bit. Their shares are doing g better than ours the past 6 months by over buck a share. They have 120m shares cs our 280m. They are currently cash flow positive and expecting to decrease debt this year. Very limited drilling / growth at this time. That may be the reason for more aggressive price appreciation at this time, but I see way more upside to PIPE.
I personally think PIPE management is ready to spike the football after this quarter, more specifically after warrants expire. They will be ready to road show, get this great story out there and . Patience will be rewarded.
I didn't mention warrants expiration to start a fight. I will lose 8k when they expire. I missed the boat as it sunk but just held on as an expensive lottery ticket.