RE:just trying to understand the valuations here.25 to .40?
Question is, was the company worth .07 to begin with? Venture has had it problems.
Isnt that what you want to be in? Under valued assets.
i think of it this way.
Your in the US not Canada. (mineral rights).
You buy property in a new area where people are now wanting to move into. Not to far or not to close to what ever.
The neighbor next to you drills a well for water.
The neighbor on the other side of you drills a well for water.
They get oil and water.
What are the probabilities you have the same.
Pontetial buyers that were thinking of buying in that location are thinking I should have bought there when my gut told me too.
What happens to your property value? Would you buy more property?
Where do the values go when the timming is right.
Is the timming right where we are invested?
Trying to simplify.
Could have written this better but you get what im trying to say my
2 bucks/share min