While I agree in terms of the value Joe, the 14% holding they originally is significant in that it is over the 10% threshold of a company which made me think we should have seen it easier.
I do like the stake, quite strategic. Image 20x$2M investments in JMs. Most will never be heard of again. However, if one or even two can produce good drilling results and we are in the box seat then happy days. Best part is that we don't even have to go through all the naysayers in public forums that will second guess them and access to the results will be much cheaper to make a move with a blocking parcel under our arm.
Thank you for disagreeing with my thoughts and offering a plausible, understandable argument. Seems some people can do this happily.
I must admit that I threw 10K at them for fun and a rainy day.
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