Newbee here to this board...
Need a PR here about a drill plan, no doubt!
I got a promo on this company back before it ran to over $2.00!
I just watched it then...but I kept it on the radar...
then I got another Paid Pump a few days ago...more to the point this time with more potential from another perspective...a partner in the deal already!
Gotta turn over some rocks to find out what's under them!
With the tremendous amount of oil claimed in the 4,000 acres, they should have a meeting or two to develop a drilling plan and, probably after a few financing deals, should have enough money to pay for the company's share of half the drilling and completion cost for the 1st well...just hope they can get a drilling rig in there that's not tied up somewhere else for months on end!
160 acre spacing would give 25 wells...that would keep the drill bit hot for a while! Possibly another Bakken in the making!!!
Let them hit the first well and watch this shoot up like a rocket.
possible dilution, but this stock hasn't many outstanding shares like so many other companies seen on the OTC these days...
Lots of potential here...and no, I don't own a lot of stock, but I do own some now...and if it stays cheap like this or drops back to where it was before the last pump, I'll own some more!
Announcement of a drilling plan before the 4th of July would be a real fireworks show!
GLTA, JMHO, of course!
Glen.