It could. The market is not treating us with the respect it deserves. I think it has dropped mainly do to over all market dropping and the news that puts the next well spudding in June. IMO the news should have made this rise but it has not. This is still undiscovered by Wall Street. When it does finally take notice look out. Where the bottom is I don't know. Any buy at these levels will pay off in 2-5 bagger easily IMO. Up to each to determine if waiting will net you more shares than getting in now. Great price right now IMO. We are very undervalued.
I believe the American Exploration 5000 acres are very much worth the dilution. However the Market does not seem to be doing DD or believing the pump news letters that keep coming out.
It is easy to figure out what you believe. The difficulty lies in determining - is what you believe the truth.
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