Food for thought.
Aside from the huge risk involved in holding this stock for a little while longer, I do have to say, this company is not in any financial trouble, has very little debt and once the natural gas prices start to rise again ( which is innevitable and possibly really soon), there will be nothing but incentive to continue the exploration and start production. IMO we will probably see the beginning of production by at least by late 2015.
Like I've said before, Im no expert on this but I find it hard to believe that people on this board actually think this stock will stay in the below .05's area.
This seems like a screeming buy, sure you risk holding the bag but the there is a lot of natural gas down there and I believe that this has just turned into a Natural Gas play.
Do correct me if I'm wrong, as I always love constructive criticism, but a cash strong company with I'm assuming by now has at least 40 million dollars left from the Sedar filing of september 30th. ( that gives them a value of 23 cents assuming at least 40M in cash)
If this drops below 5, Im buying since there is no way this company will is out in the long run.
Patience is a virtue and ignorance can be turned into wisdom.
P.S RBC Quantitive value is .10 cents