RE:RE:Iluvtobewrong "never give anymore money to a company that consolidates its shares"???
Like or dislike Sabre, all explorers follow the same playbook of share consolidation. Every investor will lose over the long term as explorers spend money and no progress or discoveries are made. Companies issues share for exploration funds and when there are too many, they consolidate. Basically one has to pick a winner over one or two drilling seasons (or in this case getting to production while burning cash) to make money on any of these stocks.