dashrip417: This is a pure buy and hold. Flippers will suffer oppurtunity cost. The company's portion of San Juan Basin is already reported at 5.3 million barrels of oil and 8.5 billion cf ng. Because Mr. Fox is so well capitalized with $250,000,000-$750,000,000 I believe shareholders will realize $5.00 a share in a possible management buy-out. His investors will see the profit potential in proved reserves of >$700,000,000. The person who benefits most from a rising share price is Mr. Fox, with 55,000,000 shares. Did you notice the heavy institutional activity today in PRVB in what is normally a slow week? Almost all the buying in the first two hours was non-retail.
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