RE: no problemThis is what I think:
The stock might be shorted to hell and back in bet for failure that is what they do with these kinds of play, always bet on failure.
Well more often then not especially if they (shorters) hold warrants etc. it's a no lose play for them either way they make money.
As for the company, well on 9th of February they said the drilling will take 6-8weeks to complete so lets say April we might know something, what was the point of the latest release about that they are drilling extra holes.. well I am not sure about that, I guess they made a decision here and there to drill more holes and let the people know.
As for the insider selling, I wouldn't worry too much just look at the insiders selling like crazy UEX before it jumped to $4+ /share
Oh and I just recently got in at 1.20 sold some bough some (don't ask why it was stupid) and holding few at average of 1.45 at the moment. I used to have this stock nice position when it was in mid 0.30, I got board of it and sold it about a week 2 weeks before it went up like crazy to 0.80
oh well still made some bucks but would have loved to keep it for the ride, but oh well happens...
Andy