Thanks invertedva for a mature and sensible consideration of the situation at hand.
Its too easy after a large paper loss to sit back in your office chair and speculate on what should or shouldnt have been done.
To the hecklers out there If you cant take the risk , stress or unpredictable nature of O&G exploration the simple truth is dont risk your capital in this type of investment. When assessing the logic of holding onto a given investment it can be prudent to ask oneself some questions. 1, what was the reason for the initial investment decision? 2, Have any of the original facts changed? 3, If so why so and reassess the position on the current facts.
Naturally learn from your mistakes and get advice form those who know what they are doing , definitely not me, the internet or Hot copper.
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