RE: Can you explain your $15 to $20 target priceThank you Littlejoe.
At current 2000 boe and price of $4.60 it is trading at $16,550 per flowing barrel .
Pretty cheap .
Your suggestion of 3000 boe by spring and a market waking up to this little sleeper suggest a price of $10 per share with a more respectable price per flowing barrel of $25,000.
They do not appear to be interested in promoting only in growing the company.
I suspect management and directors hold a big chunk.
Many investors overlook these thinly traded tightly held situations much to their detriment in many cases.
I only tried phoning once .Will try again Thursday.
Hope some anxious profit takers drive it back down to $4 or less.