>I was trading it around this time and it did go higher than the .012 and admit I did sell out at this time as it seemed a lot of promises from a old boys club that they will hit the mother load but never felt like they would ever get there. This is a new team and seem to be doing it properly and not like in the old CFR days using broken down old rigs themselves for drilling.
The old team certainly had more exploration expertise and by "using broken down old rigs themselves for drilling" conserved company cash wit out the need to to to the likes of La Jolla for cash. They may not have hit it big but probably had at least as much of a chance as the current lot. I remain to be convinced the Madgascar exploration will amount to anything.
TNR Price at posting:
2.0¢ Sentiment: LT Sell Disclosure: Not Held