I have seen that the dollar is called to be weakening so IMHO take the opportunity to add on the dips. SIOR can see penny's without $100 oil. The 450 million in oil/ng reserves exists to be tapped into.
The problem for SIOR over the last year was the inability to take advantage of the reserves. Having the ability now to become productive with the 7000 plus acres of land was the key. We see progess there and we see ourselves in pennyland.
Of course we were all looking to higher oil to run the stock up prior to any progress being made and a 10 cent shareprice. So now we settle for .05 cent shareprice until like you said it begins to move up again this summer...
Driving season, hurricane season, summer heat (natural gas), and any glimpse of an economy starting to pick up and oil will be on its way again. China and India are still growing at 9 & 8 percent clips respectively. Don't forget our ole buddies from the Middle East. I feel quite comfortable accumulating down here.
We are still on track and the small amounts sold in the .003's are minimal. Actually I have been cleaning up some lose ends with a few here and there...
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