I am not bailing out. I am still holding GGX and very confident in GGX. However my new portfolio has now over 60% GGX instead of 100%. A few months before the Jacob drill started, I went all in 100% in GGX for maximum returns hoping Jacob will be a success. (Many investors did the same). The Jacob well was always going to be the star performer and the biggest potential out of the 3 wildcats if all went OK. Now that Jacob is out of the question for a while the potential to collect 50 million barrels immediately is gone. I still think GGX has great potential to make 2 - 10 bags on the current SP if all is OK in a few months. Patience is required.
Good luck to all.
GGX Price at posting:
7.2¢ Sentiment: Hold Disclosure: Held