News: Red Sky Energy’s oilfield acquisition valued at $30M, page-5

I agree wholeheartedly, a $500 buy in now would drop my average from, o.o3 to 0.003, so it is certainly worth thinking about.
Once the old investors have left, the company changes direction there is usually a new tribe of investors looking to place their hard earned.
Who to say this won't be the one that goes off. You never know. But for me its $500 I can use elsewhere.
Oil fields that arne't producing oil or money, is for a reason, that entire part of the United States is littered with non producing oilfields. Mainly because they have sent the operators broke trying to get the black stuff out of the ground.
$800k, per well, and for some reason it produes 35 barrels a day, with a decline curve thats will have it producing half of that within six months.
As I said, do some homework and read about GGP, disgraceful outcome for the holder (me), experts had it penciled in to fill our boots for year to come. Shareholders now sueing directors was the last I heard.
Dodgy game getting oil out of the ground, bet the current owners will run with the money if they can pass the baton.
Get a million shares and all the very best good luck to you, you'll probably see a spike as the "good news on the horizon" is dished out to the current investors whilst aiming to get new holders on their books.
I mean it, Good Luck, but do your research.
Love to see a spike to two cents, I'd only be down 33%.

Dr