RE:RE:The new guysI have been in and out of TAO over the years, and now back in again. I doubt that the current O&G assets attracted the new guys, it was the money in my view. So I would
expect to see new properties or assets dropped into the company and those assets should
have better potential, but just guessing.
When I buy shares in a company, I consider potential upside, but mostly I focus on the downside as I do not like losing money. So TAO has unknown upside at the moment, but today it is trading just slightly above cash in the bank and no debt. Plus the new guys have bought shares close to today's price and got a bunch of options. So buying in today was a
no-brainer for me as the downside is minimal, the company has left it's inactive do nothing
phase and these new guys only make money if I make money. At the moment, what's not to like? Plenty of potential upside, little potential downside, that is how you make money in exploration investment.