Finally ... as they say, every dog has its day - and this one has now been put out of its misery.
I felt it was undervalued but couldn't really get much of a sizable position due to lack of liquidity but i will take it.
If anything it reaffirms how undervalued these drillers (MSV, PRN to name a few) are given that we are right in the middle of a commodity supercycle, but hey, i bet not many would even know that ???!!!!
Iron ore at $140 Coal at $140 Gold >$2000 Oil >$75 Gas > $10/mBTTU Audusd 68cents
covert it all to AUD and you have super prices, super cycle, super undervalued resource plays....
