I'm not that skeptical, Nicky6! I just bought more at 15.5c, about the 10th batch I've bought. A small investment in this one could become outrageously lucrative. Happy to buy and wait until more information develops.
Looking for news re: temperature, pressure, and extent of fracturing. Regardless of location, temperature is by far the most important variable, and works in close relation to pressure and surface area (fracturing) to determine viability. Management are sound, especially with recent additions, though I still feel like this whole CSIRO fraccing exhibition is just a time filler, for lack of a better option. GRK need a rig and financing before any representative operations can be conducted. Still, news of a partner or gov. grants could be expected sooner or later.... I hear September will be an interesting month for GRK, especially regarding the Ortahaza insurance. An extra $1.5 million in the coffers will be nice.....
Sustainable short-term gains look quite likely, at least from where I'm sitting. It's in the middle of a consolidation pattern, and could whiplash around for a while longer.
I'm not that skeptical, Nicky6! I just bought more at 15.5c,...
Add to My Watchlist
What is My Watchlist?