Hi folks, thanks for the kind words!I never sold GRK/OA. By my...

Hi folks, thanks for the kind words!

I never sold GRK/OA. By my judgement, it is a strong hold, if not an accumulate.

I just avoid posting research on the GRK thread anymore, so as not to enflame certain posters and turn the thread into WMT-style mudfight.

At this stage, holding until a rig is acquired, target depth is reached, and mechanical stimulation is scheduled could be a good strategy. From there, watch out for news on the viability (or lack thereof) of HDR. It seems inherently risky to me, pumping millions upon millions of litres of water into Hot Dry Rocks, which are naturally riddled with jointings and fractures that may serve to channel the water away from the system.

This is a strong concern of mine, though I have heard almost no serious public debate about HDR vs HFR, so I doubt that specific risk will be begin to be priced anytime soon.

GRK remains an intriguing company, despite the distinctly high risk, and if HDR power is proven viable, and an economic resource is established, then proximity to O.D will support a very large market cap.