well-they're tryingfirst out with a new presentation that looked pretty honest to me and as usual,no mumbo jumbo in the books with a reasonable g and a expense and not a bunch of related party b.s.
BUT-still broke and have to live off the credit card.
i thought for sure rto to go tech or mary jane or some such but seems the plan to merge/recap is being explored and that's giving 'er the old go.
a few things to gab about...
-no secret anymore about who the partner is at montgomery
-access took a long time to gain at montgomery and they ain't giving it up,drill or not
-nuvista owns most of the infrastructure at heathdale so constrained by them
- relentless(v.rrl) has had some decent success at heathdale recently so maybe nuvista thinks twice
-need to earn enough cash to write off the tax pools before they expire
-only new money to drill right now comes from flo-thru and that ain't enough
-no insider shenanigans moving shares around and no dumps
-fen actually took the time to hedge 50 bod (now that"s some dedication).
so whether this translates into any kind of sp gain i don't know but at 3 cents worth a shot for sure,even if it is dead money for the concievable future.
worse comes to worse then rto to whatever is popular on the venture next year.