RE:RE:RE:Big dilution coming. Glad I sold? Or big mistake selling? I started to do a little DD on this company aswell.
SHOW THE INSIDER SELLS?
SHOW AN ANALYST THAT HAS A SELL ON THIS COMPANY?
I cant find any.
All I have seen so far is several willing candidates to try and buy this company. Then being refused by a major shareholder because they believe the company is worth more. So now they found another company willing to invest quite a bit of cash in this company higher then the SP. Ofcourse there is dillution coming but that dillution will bring cash and the expertise to move this forward
I only hold a small position in this company because there are risks and i am more bullish on gold and silver. However I think that it could be an option if you believe oil will go higher. The sentiment on oil is still extremely bearish and has been for awhile. Usually the analysts are completely wrong. I think oil will crack $50 for before the end of the year and that could end up being very conservative. We will see.