New Share HolderI've bought in for the @ the 40 cent mark for a small early position.
Don't quite know my plan, but I've been watching for several months and like what I see in the company. The write down gave me a short pause but the price drop feels like an attractive entry, we shall see if it plays out well. The company should be announcing a dividend end of this week or next week, I expect it will be 1 penny. I see some people dislike the reduction for 3 cents, but I feel that the extra 2 pennys at that time were a bonus for the quarter and that they weren't setting a standard, it was a special without naming it a special, I expect most quarters to payout a penny and maybe once a year they raise again for a quarter. Officially I've bought in at a 10% yield, but I'm hoping for 12.5-15% overall near term.
I will likely watch how it trades for a bit and if we get a spike I'll likely throw a Stop-Loss order on it, and if I like what I see I may add to my position.
I like the idea of having a split in resource types and royalties on the oil also being multi-national. A previous poster mentioned they seem content to be in a holding patters, I would like to see more asset purchases for growth myself, but I'll hang out and see what the plans and information is...