FUT has been on my radar for quite a while now. It really does look to be a great buy with significant upside.
-8.5mil market cap
-aggressive interest in spec stocks in recent weeks
-small oil production presently - Catahoula Lake 100bopd
-large 5 well drill program to get underway imminently
-trading at all time lows.
-new project in the wings?
It is beyond a shadow of a doubt in my mind that FUT will be trading back above 0.6-0.8c pre-drill not to mention if we receive news about a new acquisition.
We've seen what these stocks can do... especially with the right backing. FUT has all the ingredients to run hard.
I bought in this morning and it seems that i'm not the only one.
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