RE: Stock O/S It's usually best to look for facts when evaluating a company, rather than spouting nonsense.
The number of shares o/s is of minimal importance. It is the enterprise value and market cap that matters.
A discovery at Dorado could yield 30+MM bbls recoverable, possibly significantly more depending on the petrophysical characterisics and which intervals test commercial flow rates. 30MM bbls is a nice chunk, worth 300-450M at $10-$15/bbl. eg. $300MM/700M sh = 0.40/sh value for Dorado alone. If you had 1/10th the shares, it would be worth $4.00/sh, but your stock price would be $1.60 .... i.e your percentage gain is the same. Yes, high risk, but high reward. I have no idea why I waste my time explaining this ... maybe Im just sick of meeting Forest Gump and his cousins on these boards so regularly.