The First ClueThe first clue was when Questerre sold their 50% in Beaver River to TSU and gave them millions to spend on it, while taking a boatload of paper. There was even a news release about how they were going to develop Beaver River with that money!
What did Worral do? He sank the money into the Ukraine Karl-101 well, where they had already been burnt once before, instead of establishing badly needed cash flow in Canada. Now they are struggling in the Ukraine and have become a one-trick pony. The dice must feel very heavy right now. The only reason I would wish them luck is on behalf of the investors who believed and now need an uptick to get out.