Totally agree Treba. Just a few months holiday and people are not patient anymore. Nothing has changed except that we're going too fast too furious early last year. It's been a quick turnaround for EXR-holders from extremely overvalued from 50c to extremely undervalued at 15c. That would have upset lots of gambling holders.
The drilling program for this year has just started and we will receive lots of updates, at least one a month I believe. The core reward here is the flow test and let's hope that it's going well.
On the other universe, let's look at 88E trading today, I've been questing myself how 88E valuation is that high, comparing with EXR and now it will come down to Earth as well. Their announcement today: "Provisional analysis of the wireline logging program indicates reservoir quality at this location is insufficient to warrant a production test". Lots of 88E holders after today will change their sentiment as well, start blaming and whining daily just like some here. The difference is that their fundamentals have changed.
EXR Price at posting:
15.0¢ Sentiment: Buy Disclosure: Held
