I had a small holding ($5K at 10 cents) since 2010, I think....

I had a small holding ($5K at 10 cents) since 2010, I think. Lost 75% of that and nearly forgot I owned them (actively suppressing the memory, perhaps).

The recent announcement was exciting enough for me to drop another $5K at 0.028.

I see 5 cents as very achievable, both long-term and short-term. In the short-term, oil results will drive this. Long-term, the potential for fracturing and oil/gas is very interesting, especially given the low depths (which means low costs). The historic drilling helps give some degree of certainty of what they will find.

Having said that, its a punt.