Hey Bob, when you get back from Vancouver, could you recap the catalysts for and your near-term or long-term target for Buccaneer (BCC.ax/BCGYF)?
As I understand they have JVed their Alaska prospects to cover costs, and they are currently drilling in a couple of locations (Cook Inlet, and ___?).
Results, when announced, could move the stock, especially if they include significant liquids, though they are mostly seeking to produce significant natural gas (due exellent natural gas prices in Alaska).
Anyway, you've been posting here on Buccaneer for a long time, and I would appreciate your succinct recap about their current drilling prospects as well as your near-term or long-term target for Buccaneer.
I've actually accumulated perhaps more than I should have recently when I did a larger-than-intended fat-finger purchase.
On the negative side, their book value/share is only .02, and they have so many shares outstanding (1.52billion) that any good news will see significant selling by longer-term holders.
Regards,
'peeker
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