unles there is a drilling result announcement this stock traces...

unles there is a drilling result announcement this stock traces its cash + a few million for the projects they are undertaking

ie: roughly $18m in cash + $4 to $10m

so over the years the value has dropped as cash is used to fund its projects - that have returned poor-mediocre results.


they're drilling right now in Latin America (and Plumridge most likely) but drilling results are far and few between so don't hold your breath.