We are seeing both GULTU and TISDZ trading down which confirms the trading pattern predicted.
Now that MMR has gone away, does anyone have a feel as to what is going on like the commentors on the MMR board? Still want to follow this company,,,heck may buy some FCX just to keep up. all suggestions /responses appreciated
News flow will more difficult . The size of FCX will make the completion of individual wells immaterial - except the first one !! GULTU will file a 10-q which will provide the only individual well updates we will get imho.
While the news flow will be limited , the discoveries and their future flow rates will still be there . Less news will probably cause GULTU/TISDZ to be owned more so by the true believers - until distributions actually occur. I believe TISDZ is drastically undervalued relative to GULTU but anticipate owning both.
I agree, the SWUD was very major to MMR but is not nearly as important to global giant FCX. I expect most progress reports to come from JS during EXXI presentations and conference calls.
One exception though, the SWUD is near and dear to JBM and he will be shouting any initial flow test from the roof tops. He wants to be able to tell all the Nay Sayers he was right and will do so as soon as he can.
I have no TISDZ but I watch it and may eventually pick some up.