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Haven't posted a pick for a while so I thought I put one out. Note***she has to prove she can break above current resistance before I'd put more cash in her but if she does she should be good for some strong growth
What's driving the renewed interest?
Bottomed out beginning of October.
3rd Q results due Nov. 9
Rumor of new drilling project on the oil lease in Nigeria to be announced around that date.
Share structure 155 M Out roughly 60% of that (90M) held by insiders. 4.3 Mill short interest as of 10/15
Cash flow ain't great and current well not performing as promised but have rights to some prime property.
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