RE:Down 7%This constant slow downward spiral of the price is testing everyone’s patience, mine included. Waiting and waiting for something to move he needle higher. I bought more today, but wasn’t excited about it. Once Garth releases a strategy to finance the next 7 wells we should get the pop I have been waiting for.
Any idea why garth decided to drill 7 northern wells as opposed to the 5 he said stated at the AGM would be required to meet commitments on the tidewater agreement? For a company limited on cash you would think the less is more. I would have to believe he has something to announce prior to the Aug 19 conference. I would really like him to have a big pony to saddle up on going into the next dog and pony season.
Impatient but still long BBI
PJ