bowery130 - I'm in complete agreement with you. The problem with this company is that the shareholders have become "groomed" by management to believe/expect a major discovery with each new hole drilled! The chances of this are millions to 1 for each hole drilled.
The "balloon" in this story has been blown up so many times now - leaving all shareholders with little confidence in either the project or management!
nmtbitbidn's opinion is right on the money! - the current management have lost all credibility with both shareholders and the market generally! The recent rapid rise & equally rapid retreat in the share price is a BIG indication that no-one is interested in putting additional capital into this company at plus 10 cents!
I think the share price is going to plumb new lows for the year in the very near term!
Ann: Bryah Basin Drilling Underway , page-20
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