RE:RE:RE:RE:RE:Why the big drop last 2 days ? Great to have some conversations going on SNL again. I bought back in yesterday at $0.21. 400k shares. Should have waited a few more hours and paid $0.195 but I'm not worried. We should see a bottom here and then it should start rising slowly again. The trigger for me was the news release on the financing. They raised more than $1M in less than 3 weeks with drilling underway and shares locked up for four months. There is no way they would have been able to do that without some positives info leaking from the drilling ops.
They have to make a $1M payment by Oct 1st and now they have the funds. In regards to Ady, Chris Parry noted in an article from Nov 2016 that Ady had in fact been knocking on their door trying to by the rights but SNL declined...
I saw the video with Clive as well and my preference would be that they sell to highest bidder, but they have been giving mixed messages in the NR since that interview. We shall see.