Dirksidetrack Recent PostsI agree with the gist of your posts!
In essence, why the management is so tight with info.
My intuition is they have found oil; how much is the question; and that's the basis for whatever is going on....an active hydrocarbon system is standard, but the basis for secrecy with negotiation.
CAD 2.51 is undervaluation, considering all the assets beneath the ocean and the port.
As WCP has said recently, "anyone can drill a hole", but few can convert an opportunity.
What exactly are they negotiating? JV, SELL?
Those who want in are "good ringers" it seems. This whole idea of drilling extension is probably about negotiation. In any case, what's a few millions (drilling costs) when negotiating a "mega deal" or less "than mega deal".