Thanks for the informative post. How do we know if Santa Rosa Resources has sold any accredited investors working units in this project ? If they don't, it's basically dead in the water so to speak, right?
Here is hoping the P/E factor goes sky-high then. Oil stocks have seen incredible gains through price to earning ratio. I would like to think GRID is no different. But I'd love to hear an update soon, and drilling gets underway this Winter.(Regardless of lizards or not)
Hopefully .012 is a very conservative number, when price to earnings is factored into GRPR. If they do indeed produce an oil income, then I too hope the sky is the limit here.
And the amount that Santa Rosa is going after: If it's potentially $27 million annually, I wonder what that means to our bottom line PPS.(Hopefully substantially more than .012)