I have been checking the weather for Nevada and Utah in the USA and it is very cold and the forecast over the next week is very cold and wet.
I have been in the markets long enough to know that drilling almost never starts on time and looking at the weather I suspect drilling could be delayed by months.
Maybe the ground conditions will still be okay for drilling to start,but if the share price is based on drilling starting soon and it is delayed,people may be paying to much in the short term.
IM still quite bullish on this stock,but timing is everything these days.
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