I bought more also this week. It seems to me that the company would not want to lose the $100k retainer for the purchase if they were uncertain regarding their financing. We are overdue for an update on the drilling in Wyoming. Also, we may get good news on the state of New York's decision regarding fracking in the Java Field situated in Wyoming County.
Management had previously indicated future acquisitions. Here is what was on the company website.
We are currently evaluating producing oil and gas properties in the multiple areas area and hope to complete additional acquisitions in 2014.
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