RE:RE:RE:RE:Monday openYes the new board appointments certainly adds a new level of credibility to the company. Credit must be given to Mr Wadsworth for his strategic thinking.
We've had couple of critical news but we've yet to have the company making news that the market is looking for. First, we need to spud the first well by the end of the summer which is all but certain. Also, we need to drill five wells in total in order to earn the 70% of the assets. Without it we have nothing.
SNV is definitely in play, but it's still a speculative play. It means that we will attract 1000s of investors willing to invest $1k to $10k. This kind of market activity is not sustainable. What we need instead are 100s investors willing to invest $100k-$1millions. This will happen when we earn the 70% interest and or other plays. GLTA!