RE:RE:the stock is going nowhereBluehoo, Drew Cadenhead is a 37 year veteran of the oil and gas industry with a proven track record. I think I will defer to his technical expertise in geology and let him decide where best to direct resourses.
You call Queens a gamble several times and refer to the dry holes previously drilled there. They are not drilling wildcat wells bluehoo, they are drilling in to a proven reservoir. As a veteran oil investor you do know the difference don't you?
You also state they are drilling Queenstown based on Prairies success. While they do refer to Prairies success there, they are drilling based on their 3D seismic AVO work there. The technical work on the Queenstown project gives them the best chance of success. Is there any risk? Of course. A gamble? Hardly.