RE:RE:RE:RE:RE:drilling I am bullish as well but they need they need to prove the asset before it deserves a substantially higher price valuation. And by substantial I mean a valuation of over $! which would make this a $100m+ company.
Like you I am hoping that they find oil. Now that would really send the stock soaring. Oil would also be easier to commercialize since you could truck the oil to refineries without having connect it to an existing pipeline.