If nothing else hopefully this report will blow off the traders and allow the serious investors to get in.
This report is exactly in line with what was expected and promised by MAD. It's not the upside report some were hoping for but such is life.
For us LT'ers it is just water off a ducks back.
Nothing surer than:
1) Production will ramp up over time 2) MAD are currently profitable 3) Gulf Sth are a committed partner 4) Reserves are AWESOME and will be grown over time
LONG as ALWAYS.
GLTA.
Cheers, Snagger
FDM Price at posting:
61.5¢ Sentiment: LT Buy Disclosure: Held