We should get confirmation of spudding soon and then may get a bit of activity. As for the director selling, hey he has 9 million or so more so selling a few isn't like the end of the world. I know its a perception thing but directors have lives to lead too (athough they are inflated ones at our expense in many cases). if you still own the shares then you are in a wait and see position. Lets just hope the drilling goes smoothly for starters and the operators are on the ball. Still granted SP has not been good since the PACA discovery offered potential.
ERH Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held