Keeping the investment simple. clarity through patience.
We all know :
the turnaround story was completed
the asset value is much greater than debt.
the bakken's a harsh business enviroment.
small caps always, always have development issues with funding operations
we endured a r/s 13:1 to stablize shareholder price & compliance with listing exch req.
drilling wells always have some issues of completions.
~ new Jv on production wells in our pay zones- (just realeased)
We dont know the future..
GMXR is an investment not a trade.
Either they succeed or they fail.
If your still in the common after the r/s there is more upside than down.
there's always mergers & buyout rumors abound when doubt can be stimulated.
GMXR are real people with real jobs in a real business.
Everyday what must be done to remain in business is done.
Safety, Enviromental & Regulatory compliance and then Production.
You do not see these busniess internals failing. That means the company has good management.
That's why the GSO took common.
GSO does not invest into losing small cap companys that might have great potential.
They Invest in winners. when others do not. So do I.
Keep your investment simple.