Renewed Hope
Nice to see a bunch of the old names that i've been here with for over 20 years just before the gunboat incident.
I know there are still some significant hurdles to get through but i feel almost as excited as i did years ago.
Still hoping that the Little Engine that could story can still materialize here.
Only problem is after spending a fortune accumulating a huge chunk of shares i now only have 1/10th of that accumulation.so the stock price has to go so much higher now to achieve a decent return on my original investment.
I was thinking of jumping back in at .07 but lacked the guts to throw more money at a bad situation...now i'm not sure i want to add more money chasing this stock and will have to be satisfied with watching and holding with what i have now.
Any thoughts from those that feel the same way...will you be adding to your positions knowing this is still a long shot...mind you safer and much more derisked than before.
It's more a question if i can bring myself to trust this management team.
My biggest fear was that the big boys like Exxon would just wait us out and pick up the parcels for chump change...what makes you think things are different now..What is Exxons incentive to JV with us now that they already have 6 finds of their own.
I'm not trying to be negative but just hoping you guys can convince me to add to my current holdings.