leduc, page-20

Hap, good post & I understand where you are coming from. They are all objective & valid points imo. I see long term value in GGE based on the balance sheet, and relative to peers but think things holding back include:
Overall Market, History and the small working interest positions taken which may be viewed as limiting.

Before anything changes I think the mkt is looking for a good qtly and annual report clearly showing that things are going to plan and also more detail on the plan for the future. Until confidence is gained and some volume flows we could be stuck here for a while. As flux showed yesturday AKK had good result and things have gone down so in short-term I can't see much changing in the short term for GGE but results on AB may surprise a little.

If however a clearer picture of Abita, Desiree and NV can be seen then people may take some interest. Also several peers have great prospects but no money so there are bound to be opportunities at present that we could benefit from. Our delays could be positive in conserving cash for such opportunities. The current projects look good to me but mkt not interested till they deliver.

My views could well be nonsense as there has not been any volume since March when 4's and 5's where hit with good volume. For me I'm happy to wait and add with funds I don't need whilst improving my research skills. Alot is going on with GGE and I think they have done a good job this year despite the current price. Sorry I can't help you with the time projection of 1c. A few mths ago I thought we'd be close now but may have underestimated current market!!
bwta