88e Long Term Investors Group - feedback on SP, page-8

IMO, most of the current 'strong hands' are as invested as they can be. Weaker hands are staying away till they can have greater confidence in timing and nature of the catalysts that they can trade on. Sustained improvement in SP needs a new bunch of strong hands joining the company. I suspect that this will not be prior to the completion of 2V on the unconventional side and a firming of prospectivity and appraisal process on the conventional side. Things like land auctions and GB activities may create meaningful trading opportunities, but IMO will pale next to the aforementioned catalysts.

On that note, I am starting to get a bit skeptical as to whether GB will drill this winter. I have posted more on that on the OEL thread (disclosure: where I am also invested), but in a nutshell, there is no visibility of their permitting, drill planning or funding certainty - and they are meant to be drilling before us! If this pans out the way it might, it might be a bit of an anchor for us.

DYOR & GLTA.