All we know is what is public at this point. They have rigs that have a history of producing, contracts are in place to rework wells, property with potential, a gas well that may or may not be producing (big question at this point). It’s hard to say what’s going on for sure until some PR’s come out. I think it’s a good gamble. I’m sitting on 3M shares and will buy more when my balls get bigger. As far as the CEO being out of the country, maybe he took a vacation before getting his hands dirty... perhaps he’s in China looking at a new rig... Maybe visiting Auntie Oma in Europe... Who really knows? None of us do.
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