You have hit the nail on the head. I wish that CB would commence the release of the news worthy events they have pending, that would substantiate the current value of the company.
The true value of this company is being hidden in the lack of information and, more importantly, in the credibility of management to deliver on the value they have. Having started the new drilling program in December, with no production to date, hurts. No matter how you slice it, 9 months in 9 months.
With the 3 immediate wells pending, and with the 2 or 3 additional wells or news worth items being worked, this company will be launched. Regardless of the price of NG and oil, and the swings that will happen, this company has substantial value on the books that is not being reflected in the current price, by a factor of 2-4x.
The next few PR(s) will move AMEP to an another level in the eyes of the investment community. It will substantiate the long term value the CB has acquired and validate his ability to manage and deliver on these assets profitably.
I sure hope we don't bunch them up, but let them flow frequently and unexpectedly, so that the bashers and MM die a horrid death.
