If the NR is average to good and the price drops it won't likely drop below .25 to .30 cents. It would have to be total blanks to do more than that. Firstly this company has a large number of large investment firms following it and having some part in it. The stock price would only move down on manipulation and scared retail investors.

Either way, the company and management are solid. The properties have a lot of promise and with assets like that we don't see the dollar signs now, but we sure as heck will soon enough.

The downdip in the overall market is not likely effecting us that much either. It's really all news. It's too bad Kodiak is getting banged up right now. It may not give our share price as much strength if the news is great. The other thing we have to look at is we were at .58 cents a share a few weeks ago and .55 cents last week. We've dropped significantly already (30% plus/minus). I don't see the bottom being much lower. I bought more shares today and will buy more if the price droops lower. That way either way I will win in the end. That's my suggestion to anyone listening right now. Buy but try to hold cash as well in case we go lower. Don't drop everything in just because we have dropped to .36. We may actually hit .25 in short time. I always feel better when I can buy a good company stock at .25 instead of .37 instead of .46...etc. Don't get caught buying "all in" just because the price has dropped. At the same time have the cash ready if the sentiment changes and you can get in before a turnaround in the share value.

My two bits worth,

MM