I have researched this stock and it definitely is a stock worth buying from a spec point of view but my only concern is that unlike other spec stocks like ERH who are trading at half this stocks price and have a proven resource of oil are we all banking on a successful drill result in 30 days and thats it. Am I wrong or have they got otehr notable assetts that I am not aware of. comments welcomed.
Also I value your opinions re the probability of a sucessful drill is it around 30% which is what I have read on other posts or better than that?
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