RE:Moving up. It probably was a buy time and I considered again, no pity for game players ....while it's a long story, given the times and all going on around us along with a bunch of unaddressed scenarios FT has a lot of potential.
so many big end users making moves and things happening, FTs future and our dreams could change in a heart beat. Yes we could go the route of the FCCs and the JRVs no question but the fact that we have the resource in Canada and near ready to go and very likely a processing deal, puts us in a bit different situation.
Longs obviously recognize this and in spite of it all continue to hold....risk ? Couple of cents ...potential? 50 or even a buck or more depending on one of serveral possibilities / potentials that we suspect are siting out there.
drilling on site could be a regulatory requirement whilst we await those with the money to make a decision....seems to me this drilling will lead to the possibility of more drilling and requires more money ....where is that coming from? ....obviously RG stayed under a threshold with the last fund raising to avoid dilution ? whatever the reason it looks to be a strange set of affairs and I think reasonable to sense that there is more going on somewhere with some one or several.