I warned all the flippers around 30 miutes before cloe that this company likes after hour post.
This is huge.
Do not focus on the name change but there are other fields.
First
Announced late last year, the Company introduced its new corporate strategy by pursuing acquisitions in the Oil & Gas and Mineral Resource sectors. Subsequent to the announcement, Vinoble released its intent to acquire a majority interest in a gold exploration property known as the Hazard Lake Property in the Red Lake District of Ontario, Canada.
Second
Additionally, the Company announced its intent to acquire a minority interest in an Oil & Gas prospect in the Clovelly Field in southern Louisiana.
Both acquisitions have been finalized.
Last
Additionally, the Company is in discussions with a Joint Venture Partner to begin exploratory drilling on the Hazard Lake gold property in-order to prove up reserves. Maintaining its narrow focus on the resource sector, the Company is working diligently in the due diligence phase with its strategic partner, Sterling Grant, on four additional Oil & Gas prospect candidates. The Company will release specific data on these candidates as it becomes available.
More Drilling/ More Wells/ and More work to Do.
I will be working very late tonight to see exactly what this means to us. If more Oil is probable, the seismic work and DD will not be to far away. You can expect just as soon as the drill rig finishes hear that Grey wolf will be starting future sites. Just my opinion.
Sorry I am shopping right know and I am very excited. after hour news as I expected. Seems this is company policy.
>088 open tomorrow, resistance is know shot.