RE:RE:Tipping Pointmore news to confirm what is expected by this board and the company from the other potentially "economical pipes". I expect we may see some speculation giving some lift to sp starting in August as we have seen in the past, then some news from this summers program, and then the wait again.
Unfortunately for people here for a quick gain I don't see one unless something very big and sparkley, along with a good number of friends, come out of the ground this summer from one or more of the potentially 'economic' pipes, and or a surprise on a JV, not sure why the Friedlands would JV with anyone at the moment, or what they would give up to make it juicy enough for a partner, we have 100% of this,and things look really good just with CH-6.
IMO, this is a long investment (as if it hasn't been 'long' for most of us already), if you can't park some cash here now and wait another 12-24 months, then best go hunting elsewhere checking back here on a regular basis. There are going to have to be some more majot financing to continue the field program, means much more dilution unless the Friedlands come up with other ways to make this happen.
For me, and this is only my opinion, there is enough info about what is in the ground for my money to park, there are still lots of questions of how it will ever get out of the ground that matter. I assessed my risk and I am happy, doesn't mean I will live to see it, but my 3rd ex is still around and that keeps me alive as I live to pi$$ her off, and me still living is the thing that pi$$es her off the most, ha.
The best advice I can give you is to never take investment advice from a public chat room. Do your own DD
MHR