Hi Mobil thats the approach to this type of stock IMO just put in what you can afford to lose then sit back and let it happen and that may be years, the leases look good but the risk is very high and as WHL are finding out raising cash is not easy. I suppose the best current example of an oil and gas explorer like us with with just leases, no income and relying on CR's is FAR and it looks like a winner but there are plenty that will have gone the other way.
Cheers Whisky
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