ram01, I agree with you, but guess what, they just did release a statement a day ago.
You dont have the believe it, but it was a statement from management. Someone today didn't think it prudent to hold thats why they bailed. Risk return too high for them better value else where.
Expect to see more bailing???, who knows, and if it goes down to 10c or even 5c, thats the time to buy.
Even a dead duck can feed a faimly of 5 and pack a pillow case. Is there is value in the asset priced at 20c, yes. Its undervalued, and with the right people on board getting the wells on line and producing properly will show dividends.
Say it once say it again, get out now and salvage whats left or ride to the bottom and back again.
Cheers all, im going either way the shareprice goes. yeeha hang on for the ride.
GSL.
MAE Price at posting:
19.0¢ Sentiment: None Disclosure: Held
