I almost hit the sell button yesterday after holding for 3 years through thick and thin.
Glad I didn't, I HAVE to see this one through out of sheer curiosity now.
It's a bad week or 2 for the TNG SP, but a selloff of some secondary tenements will get this car back on the road with a full tank of gas.
My only glowing concern right now is the validity of a DFS that is completed in-house?
I do not pretend to know what is involved in a DFS, but would it not be considered a bias review for one to complete their own DFS?
I'm hoping that management can produce a DFS with enough credibility that it is not simply dismissed as garbage when it is finally released..
When you think about it though, subcontracting the DFS out to another company is equally bias because you're paying them for their service..they'd be bias to some extent to provide a good DFS anyway.
TNG Price at posting:
4.2¢ Sentiment: LT Buy Disclosure: Held
