More importantly both STX and WGO have little in reserves in excess of the GSA's they already have and are most dependent on a successful outcome at the upcoming WE-3 re entry and WE-5 rework to give them extra gas for further GSA's.
STX with flow testing at SE-1 due in the coming weeks should become a very attractive TO target themselves with success there as well as at WE-3.
Then the corporate games may commence with another offer for WGO or from elsewhere, IMO.....those 2 major SH's the only stumbling block of course.
WGO Price at posting:
13.0¢ Sentiment: None Disclosure: Not Held
