RE: RE: RE: Got some detailsNo problem and it's nice to not have to talk to myself. I get a complex after 5 in a row, lol! Famous last words but I think we've seen bottom. Undoubtedly we had a good chunk of capitulation. Honestly I see this as a multi banger but I totally agree these are 'incredible times' and I don't mean good. I take the view that the boards are for helping one another and to find opportunities. I understand the sentiment of the PSD posters who told me to take a hike, lol, but the smart guys will take an opportunity to learn about the competition and to see how their company stacks up. The reactionary guys are cheerleaders. Investing is not cheerleading.
One thing is for sure and that is there are a lot of $8 million market cap companies out there but very few have earned $38 million net the previous two years. Going forward we need to see the debt deal get done and whether there needs to be dilution. They would have not done this in the past, it was a Blue Grouse inheritance. I'm heartened that its only $7.4 million and not $20 million. They have a commodity that is valuable and w/ all the leases that got sold in NE BC the last few years, when (not if) things heat up again this has multi banger written all over it. If they don't get it done what's the downside? Why wouldn't they get something done, with someone? It may cost but it will be done one way or the other imo and by the time its NRd maybe we're double from $.19, lol. I can hope can't I?
In the meantime we're in blackout period so don't bother checking the insider transactions. As well I personally think the Santa Claus rally starts soon, these are brave words, no? Coxe predicted that the 3 part of the sonata, the most exciting part of the commodities starts by the end of next year. If DVT can hold out another year it really wouldn't be difficult to imagine a 10 banger. I feel nuts even typing that, ok 8 banger. But the downside is extremely small and the unimaginable to 'go out of biz' not only doesn't compute but would also greatly reward anyone buying today. JMHO. Do you OWN DD.