The sector continues to be obliterated. The drill will have to be exceptionally good to spectacular to sustain the price.
Mini snap shot so far since this totally unnecessary consolidation:
Opened at 60 cents and now 52 cents and down another 9% today.
Liquidity non existent. Buyers likewise. They consolidated into a despised sector looking for new investors - sound logical thinking there?
Yes I know we are waiting for a drilling result and we were before consolidation.
Anyway, its done but hopefully not dusted.
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