FUT has been on my radar for quite a while now. It really does look to be a great buy with significant upside.
-8.5mil market cap -aggressive interest in spec stocks in recent weeks -small oil production presently - Catahoula Lake 100bopd -large 5 well drill program to get underway imminently -trading at all time lows. -new project in the wings?
It is beyond a shadow of a doubt in my mind that FUT will be trading back above 0.6-0.8c pre-drill not to mention if we receive news about a new acquisition.
We've seen what these stocks can do... especially with the right backing. FUT has all the ingredients to run hard.
I bought in this morning and it seems that i'm not the only one.
FUT Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held