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Cougar6

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Cougar6

Re: here4beer post# 14266

Wednesday, 01/16/2013 12:47:01 PM

Wednesday, January 16, 2013 12:47:01 PM

Post# of 21090
Maybe, but I see no reason to buy - at least not now. Drilling by APR 2014? ... that is a long ways off. The company has nothing else in the works, unless it decides to try again on its own. Just don't see any reason to invest in this one when there are others out there with potential in the next quarter or two versus a year out.

They might be able to convince the NYSE to not delist them. As I understand it the rules are intended to keep under-capitalized companies off the exchange. We may be ok considering our cash position.
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