GRPR looks to be a great longterm investment... So great that I own a few shares - after stalking wildcat & SE, i noticed that both paths led here, so it must be a company with great potential...
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I think that GRPR should focus on their assets in Cali, these leases will ultimately drive the company's longterm growth... The new South Texas ventures will make money so long as oil remains high & natural gas eventually recovers, but I have concerns about them getting in so late on this deal. E&P companies usually demand a premium when allowing outsiders in on their low risk, shallow, cheap, multi-pay assets.
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on another note, what do you guys have for your Elliot wave count here? Wave 5 is almost always one of the biggest waves, and sees one of the highest increases in share price...