Looks like the move to 3 cents last Friday was a "buy the rumour" and the move today back down to the familiar 2.4 cents is a "sell the fact". This kind of price action shows the long term down trend is still much intact. Long-term solution is to replace the top three yokels and re-analyse the portfolio. Announcing a trip to HK is not the way to get buyers for their shares. Announcing increase in or new production is! Finally, I think the 3 stooges have been harping on about offshore Sicily (Italy) for must be more than 15 years by now. That is going to be a waste of resources, just as it always has been. And do they really need to have "boots on the ground" in Romania for a greenfield exploration asset? Surely those "boots" do not work for free. They need focus and not a trip to HK.
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