RE:On February 17th...
You are correct, however, I know there are a lot of bills that would have come in after Jan 1, 2014 for the Cardiff well. Big bills! Tag can shift the times to make it sound like Cardiff is drilled and the money is still in the bank, but that is simply not true. When a company starts behaving this way it is a very bad sign. As well, going to Mining conferences to hype Tag is a poor idea, Tag executives should be spending their running the company, not hyping it. I thought Tag was a producing company that was going to drill out of cash flow, not continually raise money to drill?? Tag is slowly going down the toilet and to think otherwise is foolish, Heatseeker delay is proof of that. If they have so much money in the bank and it is such a good prospect, why hasn't Tag mobilized a rig to the site? Either Tag can't afford to drill, or Cardiff was a bust and Tag realizes they can throw away another 35mm on Heatseeker. Next up, East Coast, if it is a poor prospect, which it is, Tag will be trading at $1.50, other wells will decline quickly and Tag will cease to exist, perhaps Tag will get a mining concession in Africa, raise some money and try the hype all over again. Apache pulled out for a reason, do not forget that fact!