Yes, well said mom2, and it's all true enough, but I choose to be patient. Perhaps because I have the very cheap shares bought in 2005. The last of them are going "long-term capital gains" this month.
Contractor's and Hawk's DD - the TRCC data itself - suggest that those "five active well projects" are for real.
If that is indeed so, then 5 PRs are due - maybe over-due by your lights - and maybe by my lights too (though I don't dwell on that publicly) - but they are due.
Only Charles Bitters and Joe Christopher knows when they will be released.
So these cheap prices are your opportunity - anyone's opportunity - to accumulate before the well reports come out. At least that's my way of thinking about it.
It comes down to this - is they doing these wells and frac jobs or is they not?
If they're not doing the drilling and fracing, then sell before it goes lower. Dump it and move on. Bid good riddance.
If you believe they "is" - well, you know what I'm going to say. Hold and sit tight. Buy more if you've a mind to. Take a long vacation. Turn off the computer. But make up your mind if this is for real - or not.
If it is, it's only a matter of time.
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