RE:RE:Boots on the NeckWe don't know if it's dead or not. It will likely take many wells to determine that. All we want to see is shows of oil to get the market excited.
Assessing the success of the well based on the stock price is a poor way to do it, and IMO wrong. We don't know anything. I suspect what is happening is there is some selling and no buying because of the lack of news and investors tend to take risk off the table when that happens. RECO is not helping by not telling their tight hole status.
If all the 'informal' positive recent comments on videos and in newspaper articles are wrong or misleading, then there's trouble.