Why would the big dollars come into play now? Drilling is too far off, plain and simple. The regular longs have been loaded to the gills for years. Pre-drilling, large positions will be made on the outcome the drilling campaign. If anyone see's otherwise then they have a long, frustrating wait ahead. I see it as opportunity to add.
There seems to be major discoveries bubbling up all over the place in the GOG right now, soon it will be our turn.
Absolute agreement here. I had a feeling I wasn't quite getting your drift last time.
And, even though I will argue SP valuation validity, if drilling begins next year as has been indicated by reliable sources, IMO the probability for a very positive outcome for EHRE are virtually certain.
But then, in the increasingly blurry picture that is the past, I have undoubtedly been wrong before. Lots and lots of times, in fact.
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