Im in as of this morning.
Saw Greeds not so subtle little cross promotion today on PUR and it jogged the memory to this one.
I like the large well positioned exposure, it gives these guys a good chance of decent PGE strikes.
Still a good deal of risk involved as no drilling or exploration I can see, its pretty much 100 percent leveraged off the success of others at this point.
But a big well placed footprint along trend of some really promising plays, I like the proximity to PURs Cal East in particular.
More reading up to do but worth a place bet IMO.
To the guy that commented "a few dollars in a few months" please don't say stuff like that, it is clearly crap and somebody might believe you...
However I see considering the very low shares on issue which is the close second drawcard to the massive well placed footprint there is considerable upside.
There are strongly accredited money men on the board and the suggestion from someone deals will be made and free carries etc are likely are IMO 100 percent on the money.
More deals will be going on through this prospective PGE belt in the next couple of years than at a Marrakesh Hashish market...not that I would know about such things! Ha ha!
All the guys who moved early and secured well placed large footprints in this zone have already created value without even booking a rig.
Probably worth in the low teens just on the large well placed footprint, cash at hand, next to no shares on issue and huge buzz around the zone. IMO.
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