I'll make one last post here, to agree that given the amount of cash spent, slower growth in oil wells, the 10k will more than likely suggest those here who are long, will need to not only hold 6 months [my time so far], but an additional year or so given the nature of drilling and recovering expenses once oil is found. I've posted enough in what most consider a [negative] catagory, and your thoughts also reflect something to think about as we head into the next few months.
I unfortunately agree with you... but lets hope for the best, as I don't even want to consider holding at these prices for another year. I would consider holding if we could hold above .10cents by the end of June, but.... We'll See!
Temp'
