RE: Add it upDPH has other properties but none of them have been drilled yet, usually the market gives you little to nothing for these. I can think of many examples of this. I'm not saying their other properties are worthless, I'm just assuming the market thinks that, since the whole company was only valued at about 5 million market cap while they were already drilling Elephant this spring.
However it IS hard to know what the market is thinking when it behaves so irrationally. However this irrationality is what makes opportunity, and that's why we're all here!