While you would think getting another rig was a positive sign, I've seen some dodgy companies/directors drill the bejesus out of a prospect to turn up nothing of economic value. Posters on hotcopper used exactly the same logic of they must be impressed or they wouldn't have done it.
I don't know the history of management here, so I'll keep an open mind until we get some real information. Remember if they have a crappy drill rig/team, it was our current management that employed them in the first place without finding out how good they were, so not a good start anyway...
SLM Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held
