All may be going well, but lets be honest here. The stock looks weak and we need some good news to turn this around. I hope the meetings in Europe generate some buying, not just some tire kicking. I hold a sizeable position in this and will be adding to my position on weakness, but am in no rush to buy.
Pros to buying this stock:
Beyond a doubt this one has huge potential for all the reasons so well laid out by the Hub leaders and many others here. The potential is mind boggling.
Cons to buying this stock:
We won't know for sure what the ovoid hold until it is drilled. Right now we have no permit and no explanation why it is taking so long. I am confident that it is coming, but delays worry people and worried people don't buy.
The other concern is political. Investors don't like uncertainty, and some will wait on the sidelines until they are sure that whoever that the who ever ends up being the new leader does not have a nationalist agenda, or that the election process does not cause unrest.
A news release that the permit is in place and rigs are on the way might convince new shareholders to ante up. I hope it doesn't take drill results to convince all the new potential shareholders to start buying.
Still long and strong - we will look back one day and laugh at how cheap the stock was and wonder why we were worried.