It really is a shame about the Niaoshan well but it is far from over. Some good results from Yixin will help propel the SP a little to give us a stronger position to negotiate from, for the proposed acquisition. I was just reading an article that quotes Paul as saying this new project puts the company two or three years ahead. It really is a big deal and I can't wait to see the slideshow.
The dilution is a bitter pill to swallow, of course, but this new projects buffers a lot of risk, with the wells already being in test, so here's hoping that it isn't too dramatic, and we can really start to see some growth.
Yesterday hurt, I was considering selling off and buying lower at .4-.5c but looks like I made the right move by hanging on. There really wasn't that big a dump and we are already settled back at .6-.7c
We take the bads with the goods, and I'm expecting A LOT of good from this Coy, and Paul Underwood.
TNP Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held
