I know the company is working to reduce cost on their kentucky property with a new technology. This could be significant for GFP- they have 350M worth of gas on the property. Right now GFP has 12 producing natural gas wells. Financing is coming soon as mentioned in the last press release and rumors are that they will buy an oil property producing 50 barrels/day with 60% ROI on it. Don't ask yourself why the stock is moving : ). With oil the company will be more diversified.
Just my opinion but inflation will pick up shortly and oil and natural gas will go back up. The stock will follow. This is a good time to pick up cheap shares.
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