13 cents????The next set of results is out any day and the stock is really getting beaten up here. Generally not a good sign, but in this case the volume is so low that any selling or buying can have significant effects. Sad to see management and the backers of the co not supporting the deal (Mcbride, Pladsen etc)....If I was one of their buddies on a past pp i'd be disappointed to say the least, especially when the results are positive like they are.
The co must be out of cash by now and they'll need to raise more $$. Hopefully they'll have the results to move the price up to the 40-50 cent range and get it done at those prices. Let's see what these guys can come up with. In this environment if they come out with positive results and get a pp done then there will most likely be a nice build up in demand going into the next drilling campaign.