Trader what bad news? If your talking about the article still, thats a non issue. Im laughing that one off since I know the writer is clueless through personal conversation with him. I dont think thats having an influence on nearly anyone. Also dont think the company is worried either.
To be honest right now it's not a non issue for me, just look what happened to the stock price ever since it came out. Usually there is always a bit of fire where there is smoke. I have learned that in the last 20 years. Is this the exception? Possibly. Even if the guy who wrote it is clueless, it's unlikely that somebody just fabricates such allegations out of hot air. Not saying it can't be straightened out over time.
As to the Cougar news, thats music to my ears. If all works well, DNI just got a lot of work put into the property with a + 7 figure dollar amount.
Might get ugly for a bit, but looks like Cougar really doesnt have a leg to stand on.
I was actually very surprised to see you stating this is good news. I have a hard time to see it as good news when your contracted firm just doesn't finish the resource report and you now have to sue them or whatever will be done. It means even more delays, possibly more capex and other stuff correlated. You yourself just said it "could ugly for a bit" so how can it be good news if it could get ugly for a bit? I guess I'm more conservative or less optimistic in general than you on this stuff.
Im actually really excited about where there at, and where its going right now
The only reason I'm getting excited is when the stock goes up and that's not the case here. DNI actually lost most of it's gains from a few months ago. That's the same as with GWA, if the stock does nothing it's hardly exciting. I guess I have had so many bad experiences in this friggin damn resource sector that I'm kinda gun shy. I have seen so many companies go under over time where everything looked oh so great that I'm only interested in results in the stock price. Everything else is just talk.
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