RE: INCREDIBLE CREDIBILITY FOR UNITED REEFMardy,
Although I am sick of this ridiculous spamming as well, I don't necessarily think that this news is all bad. It is a possible 3 year deal in which they are getting someone else to do the work and still get to share in the profits. Doesn't sound like packing it in to me.
Sounds more like they don't have funds to do the exploration on their own. This is a way to make something happen without huge dilution.