RE: RE: RE: RE: Thoughts C'mon guys lets call it what it is this is awful news. Forget Dyna, they hit water on Doris.... that is extremely bad. I don't think they will be able to self-fund their operations especially with a) the snails pace of operations and b) the outrageous spending of management.
I dont trust them about the Jurassic speculation as managements speculations have often turned out to be garbage.
Basically we are once again limping along, lost our near term blue sky and now a tax loss candidate. Dont get me wrong, I had high hopes for this well and got smoked with the rest of you, but I think the market will be very hard on this stock as the credibility of management is coming under intense scrutiny.
The thing that worries me most though is that Bill Wells and Pope Asset are overloaded with TPL stock and I think they are very close to the point of maximum pain, they should be reducing their position and that will absolutely kill the share price.
For the longstanding bulls I hope im wrong, but I plan to sell around .50 and possibly buy back lower. Just my opinion and good luck.