RE:RE:RE:RE:RE:RE:RE:RE:RE:updateI agree with both of you. It is normal for delays in juniors especially initial projects. They will be in a much better position after completion of 7 wells - credibility and more funding will pour in. Mac is very smart with his strategy not to release premature info. If you read between the lines you should be much more confident with what is going to happen here. As for shareprice, I think your estimate is conservative. This could easily hit a dollar on good news. Barely 600,000 shares on the ask and those will be gobbled up in an instant. Once this is on everyone's radar after the next epic run we will be laughing all the way to the bank. Early investors gonna be majorly rewarded here imo. Good luck and I hope this finally happens in November!!
Piperdown wrote: TexadaTimewarp wrote:
This project has been in the works for a long time. Cerus will provide the funding %100. Big projects take alot of time and planning. It will come very soon
I ageee Tex. They wouldn't get well licenses and build out drill platforms if they weren't moving forward or if they didn't have the cash. Things always take longer than first expected, but we will get the nr we are waiting for and the share price will fly. This play is so thin on the ask that it will absolutely rocket with the nr. Depending how much the the nr has in it we could hit $.50 on this run. We easily hit $.30, but I expect $.40 to $.50 if they announce the spud date and also that they have all financing in place. They also have other deals ready to go, so maybe we see something about the future deals in this nr. The nr is late already which is typical in the juniors so expect the nr any day now. Take your position or add now before the share price takes off.