RE: RE: RE: RE: RE: RE: RE: RE: RE: Link to LEG Pr Lmao @ the VLT analogy , A lot of truth in it . A penny stock is not for the weak of heart . Volatility comes with the territory . There was a reason we have invested in this company. As of right now , the reason we have invested has only become more positive . NOBODY is making a profit selling at these levels . I know that I personally have moved the stock price one day adding to my position buying half the days volume . It will take very little for this stock to have a huge run up from here . Very little over head resistance on the current SP. With stock showing Support here . Company is trading below Book value and way below NAV. I am sure all the long term investors know this. The latest pop on the share price is buyers coming in on positive news . About the companies direction , the areas positive results, as well as recent land sales .The drop back down is impatient investors trying to unload for a smaller loss being to impatient to wait for this play to develop. This SP will double from here this year just on current facts . It will more than double with a few more positive catalysts . I havn't filled my position yet and will be adding on results from the well no matter what they are . If the well has a low IP rate I will get some cheap stock from those betting on the company's future over 2 wells . A good IP I will add knowing momentum will follow .
I wonder how the Indians feel about their investment in the company. They have invested intrest as they did or still have shares in BWD. They also have in their JV with BWD they can invest in wells to have a 20% intrest in the well . Seen as they have over 50 million cash from Murphy and BWD paying them I wonder if they consider putting some money to work .