The market can be brutal especially on a low volume stock during waiting times. I have great confidence that management understands their well and what they have and are confident that spending this kind of money and time are worth it. So I can patiently wait. Actually hope it does dip more for cheap shares. I know it is hard to see the red but the DD is bright Green IMO. GLTY
I wouldn't be surprised of low 30's. Nor distressed. As I and others observe the current price is not a reflection of the potential of this company. And I think they (who have risked millions) have a high competence and confidence of making that investment pay off.
When the recoverable gas proves itself at the levels predicted and higher then those who have not bought at this price will kick themselves hard.
Consider that right now about $4000 could get you 10000 shares. Which if the 100 price of a buyout comes to pass is a cool million. But consider what happens when NG starts to pop with oil becoming dearer and dearer. With my simple needs that's my retirement folks. Even if I live another 30 years. Hell with the simple way I live half that does the trick.
Except as it's relevant to getting this thing to happen I want management of Mainland Resources to be focused on getting gas out of the ground. With all that entails. The share price will tend to itself and those who are long and have done our DD will profit. Getting gas from the ground is what makes this baby pop.
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