farm out, page-101

lol. gibba

you definitely sound like you deserve something good to happen soon.


can i suggest that you forget about the past, and just look at it from the perspective of someone like myself, who has only held for a few months. from my perspective, this is a company that has assets with the potential to return over a billion dollars conservatively, and it is priced at under $20million. Now it is, regardless of how you perceive it, trading at volumes that barely rate a mention, which implies that hardly anyone knows about it or even cares about it.

compare it to some of the other junior energy stocks that have had a run of late. LKO is touting a lousy $200million worth of gas, and it got bought up to $60million on massive volume.

A few months ago you couldnt even get rid of BUY, such was the lack of interest. suddenly, the mere mention of a potential funding arrangement has seen it double on the most absurd volume ever, in only a few days, even though the arrangement could see its slice of the pie drop from 75% to 15%.

the long and the short of it, gibba, is that you dont even NEED management to kick any goals. all you need is to wait for the day that they announce a funding arrangement for their billion dollars worth of onshore oil (with infrastructure near by) and you will suddenly find that every man and his dog is wondering why they had never heard of JPR and how cheap it is at anything under $100million


so forget about management and their track record. look at it with fresh eyes, as many more will soon be doing. it is inevitable that a storm is coming, people are in love with energy plays right now, and when they finally get diverted this way, we are in for a tidal wave