as optimistic as i am, page-5

Well..It doesn't make any sense.

Even the last deal with Apache is at least worth 25 million. A value adding farm-in announcement and she gets smashed. Additional spend by Apache is going to be an extra 40 million if they opt to drill Acacia. Gaining another large partner with extensive expertise to fund exploration on licenses that weren't going to have activity on them for some time yet she goes backwards.

As dollarandsense states..we can only make decisions with what we know and there is something we are missing. Maybe the shorts are just betting on negative news? They seem to have amazing judgement with these things.

Being 15 cents below the last placement is harsh. Prior to the placement we were trading up in the 1.80-1.90 range. The placements of late for sophisticated holders has not been kind. Lucky those funds are locked!