RE: RE: RE: Market Cap vs NAV:Yes, some reasonable drilling going on. Although not shocked, I am rather sick and tired of the BS of these junior colombian plays. The entire time Balay-1 was producing they did not realize one dime of income from it ??? Oh and don't forget the $17+ M in losses for the relinquished Cor blocks. Not to mention the returning of the Playon block to the ANH.
I hope at least they didnt have to pay operating expenses, lol.
I sure hope you are right, but at this point I'm not holding my breath. I refuse to sell, for better or worse, but they will need some very nice numbers out of Balay and CPO-1 to make this worth a dam_.
Here's hoping