catalysts & the road ahead

Today we had the biggest volume day since. December 3 & it got me thinking as to what may be in store over the short term by way of upside catalysts. I have the following...

- Yeager's 6 month (self imposed) timeframe for a strategy forward (15 April is the 6 month mark)
- 2,000 bopd average production (should see this over the next 3 months)

What is also interesting is the level of recent director purchases
- Lee Clarke - 5 Nov - 2.5M shares @ 49c
- Joseph Camuglia - 7 Nov - 200k shares @ 48.5c
- Lee Clarke - 3 Dec - 500k warrants

They must be impressed with the progress Yeager is making / grand plan he mapped out to shell out that sort of cash.

MAD has typically been a huge drifter of prolonged periods of no news & we have just seen this - hopefully now with a low in at 34.5 - the recent pick up in volume is a tell for what may be coming & the realization of what was promised late last year in the boardroom which was enough for the directors to dip heavily into their pockets!

As always, IMO & DYOR