Good question. I thought so quite some time ago BUT have been "pulled up" by some that still have blind faith here.
Consolidation not going to be pretty IMO.
Will only allow them to rinse repeat this situation MO.
But it could be that in order to give the SP a boost after consol that some "news"/ANN be released. But that will be seen to be pushing the envelope of investor confidence if that was to be the case IMO as news should be released now if available (of course).
IMO they can not keep issuing shares given the current SOI. If there was confidence in the results of recent drilling surely best to await thier release, get the SP up then go for CR. However SH interests appear to be ............................here.
all IMO.
who knows they may consolidate - great ANN at that point and SP explodes??? what are the chances???
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