Post by
tooez1 on Oct 01, 2014 11:49am
Yitzhak or Sara/Myra?
The rollback has occurred...Adira didn't keep this going for no reason.
According to Sedar filings, Adira had until yesterday to execute a contract re: drilling Yitzhak. It holds the license for Yitzhak until Oct. 15/2014. In its latest filing, Adira stated that it held a 70% "working" interest in Yitzhak, and yet, in its latest release stated that its interest was 15% ....true DD in venture companies is somewhat inexact at the best of times? LOL...
Adira has a 5% option in Sara/Myra, but stated more or less that it was not important....YET, that license according to another company's release stated that it was going to drilled and may, in fact, already been drilled very recently.
This stock is worth a good gamble right now...an announcement ( maybe more) that will include potential licensing/joint ventures, and a PP will be coming soon.
It seems that a few things that Adira has taken care of recently is leading to something very positive....it could be huge, but I am most definitely biased.
If I had my money I would be loaded with shares for a really good run (and I am)...but it's gambling funds, but based on more than just gut instinct since I have followed this for so long....Luck all