A few posters have expressed views as to how long they are willing to give this stock. My view is that the company has pretty well tied its colurs to the mast with the expiry date and exercise price of the options. The company has given shareholders a big heads up that, given the drilling programs (Bear creek etc), it expects and is relying on a good rerating by June this year. I know the washington prospects are touted as great but given the activity for the next three months I think if there is no move by June many shareholders will exit. I know this is considerably shorter than the 18 months to 2 years recently mentioned by some it in line with the company's announcements.
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- what timeframe for this stock.
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