I'm with Beachdingo on this one, wipe the slate clean after the Indonesia disaster I say.
Someone on here alluded to AM flying to Canada on the 3rd Jan to stitch up an operating agreement so I expect that will be the next substantial announcement and the four re-entries to commence shortly after that's wrapped up, depending on them thinking ahead and lining up a rig for a speedy start.
Cannot see any problems arising with this operation agreement, after all the Cree Indians are our partners in this venture. They need to be wholeheartedly thanked for resurrecting this company which was virtually in its death throes and yes I believe our management also should be congratulated for pulling this off.
A company making agreement with the Cree? It very well could be, it's now up to management and senior employees at all levels to "produce the goods" and restore shareholder faith and loyalty.
Imagine your quarter acre block, multiply that by four and you have a fair chunk of land. Multiply again by eighty thousand (80,000) and you have a HUGE block of supposedly prime oil sand territory.
Also, if anything like the Aussie indigenous people, the Cree Indians would have land rights and control over a much larger area than 80k acres.
That's why I'm now a holder, I'm willing to give them six months, review progress and make a hold or sell decision then.
Thinking ahead, not looking back
QPN Price at posting:
0.8¢ Sentiment: Buy Disclosure: Held