Unfortunately I hold a lot of these suckers. I guess if they pull Gabriel 1 rabbit out of the hat, we should see some confidence return. I think it was their "company maker" drill. As I remember, they had to pull out because of vibration just short of target depth - leading to the assumption that there is a lot of resource down there, they just can't get to it.
My preference is for TEX, they at least have a great track record, are not full of the proverbial, and having spoken to Laurance Rowe and their PR people, exhibit strong ethics and professionalism.
Having said that, oil and gas exploration is a tough one. I prefer iron ore as at least you can see it cropping out of the ground.
AKK Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
