RE:To state the obvious:rkhosla wrote: clearly the well is a dud. Time has ticked on with no word and despite statement that there will be an announcement by Nov 1, one would expect insiders would be buying by now if it was positive.
Even if the Block 10 is a dud, the SP already discounted that.
Do you think that insiders are allowed to buy shares if they know something positive? It would be an insider trading, isn't it?
Q3 should not be bad if you compare actuel Ni price with Q3 2017.
Along with a positive NR on the side of the Block 10 and perhaps some news or update about the innovative process to upgrade
Alberta bitumen (at lower cost), the SP will skyrocket.