RE:RE:RE:RE:RE:WOW!!I started investing in 2007 and learnt the hard way not to put too much in explorers.
I do find it undervalued. But it is still an explorer, it always gets a little more tense when money is starting to run out. Waiting for the next financing which hopefully doesn't lead to massive dilution. But they sure did well the last few years to finance the drilling. That was impressive.
They sure don't do bad. While must explorers always succeed to overpromise and underdeliver. I mosylt try to judge by what management promises and eventually does.
I do think, back in another time, this would've been a lot higher.
But in this environment, I will only feel safe once a deal is struck. I would prefer a JV with a wealthy partner. :-)