Things ARE getting better...
Breagh is producing. The Fracing was successful. So succesfull they plan to do more. The 3d Seismic from Romania is apparently being well received. Breagh is down for planned work, and when it starts up again the money resumes pouring out the end of a pipe. Sure... I wish we where here this time last year...but... When a stock has very very little liquidity it is stupid (forgive bluntness) to sell into a market downturn. If you want to sell, why not wait for a more favorable time of year, maybe between newyears and spring. but no, someone decides to sell into a predictable October and end of QE market downturn. Ah well, I am not happy either, but you know, I do not think they should rush to farm down Romania. They should do the best job they can to farm it down, because that sets the stage for Years to come. Some think there are serious resources there. Check out the lack of volume today. Someone wants to sell 5000 at 0.32... Really ??? oh boy better redeploy that capital.