Thanks Hallmark for your clarification, im not familiar with Oil...

Thanks Hallmark for your clarification, im not familiar with Oil exploration, this is my 2nd oil company investment ( After PRL lol thanks god I managed to cut my loss very quick due to management who couldn't keep shareholder updated ), but I invested on this for the long term as Im sure if we find something which is highly likely it would be valued at easy $200M MC which is med risk-high reward at this price.
I dont believe myself being really patient, so the fact that you tell me that they could be drilling within the next 12 months make me feel a bit better.
Not many people selling at that price neither, which is good , just hoping that the seller who kept dumping in at .45 on close the last few days is now gone.