RE: from the siteHey Sewy, great minds think alike, and thanks as always for being the board's 'right on the scene' correspondent...
"Is there oil at the LAK? Is it beautiful oil? Lots of it? The answers are YES, YES, YES."
Exactly. I have to admit that my timelines were too aggressive, but I believe that what Ivan is doing is in the best interest of all stakeholders. What they are doing, as far as I can tell, is conducting their early work on the project in such a way as to Optimize production going forward and throughout the life of the property. Short term pains or flat price, for long term gains and an optimization of the long term share price too.
"In the meantime Derek will hopefully be looking for another LAK to develop............... sewy (stayin' long)"
That's my greatest wish... if additional properties, also unproven, but with similar characteristics were optioned or acquired, and then LAK becomes a success story, then the valuation of the stock based on all properties would rise in step, by implication.
Cheers!