What's your opinion? They have a 12 month high of 10 dollars and currently trading at below 2. They are in the midst of shareholder litigation due to two oil wells that ended up being busts.
Huge upside, but obviously a little risky. They have opted to spend cash on hand for exploration, instead of investing in recurring income. But, with a positive net net working capital, and plenty of cash on hand, I think it's a good bet.
What do you think?
Submitted June 30, 2016 at 05:05PM by FlashFacts http://ift.tt/299L7FR
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