I dont think you can blame mgmt for the dusters. Obviously this is speccy stuff. I read they reported the first site Pel 6 was 1 in 4 chance. At that rate, I look forward to the next two holes. Plenty of money in the bank - enough to tell me that 7.5c a share or market cap of $11.5M is cheap. I figuring around $17M left in cash at this point. You do the math.
what now if number 2 is a duster, page-10
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