I agree with Post #: 8034885 by "will2rob"
The management of this company has done nothing except making gas bag announcements. All talk no work seems to be the culture at this company. Very poor governance. JH announced drilling at Surprise will commence in April 2012, maybe that was a typo, he probably meant April 2022. No drilling will ever happen at Surprise.
This company is a champion at making announcements and posting links to research reports from brokerage houses who happen to be their own associates
At the end of all hype the company management might sell the coal at a dirt cheap price to CP via several capital raisings, cap the Surprise oil well and make one final announcement that the productivity was not economically feasible
JH, The mgmt & CP might all be creating this gas balloon together in concert to dump their holdings on unsuspecting investors.
Happy to sell at these high levels and go to greener pastures with visible growth prospects in near future
Your thoughts lovely people !!
DYOR
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Mkt cap ! $40.24M |
Open | High | Low | Value | Volume |
5.3¢ | 5.4¢ | 5.3¢ | $3.148K | 59.22K |
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5.3¢ | 30773 | 1 |
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No. | Vol. | Price($) |
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3 | 440251 | 0.051 |
5 | 407000 | 0.050 |
2 | 255000 | 0.049 |
3 | 288952 | 0.048 |
Price($) | Vol. | No. |
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0.053 | 30773 | 1 |
0.054 | 12500 | 1 |
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