alternate approaches - 1. explain concerns to CS (he's both lawyer and IR rep.) and get commitment and date for resolution of Hoactzin issues. or 2. act as lead plaintiff on shareholder suit against Hoactzin on behalf of TGC shareholders.
the year end effect usually takes place early. watching VII based on your approach. another way of playing is to buy into depressed low caps and wait - although it may take a long time - eg your trades on BFDI and ISNS. will look for others as time permits.
oubobcat - i agree with everything you've said. However it is hindsight. At the time of the GoM deal, TGC was lead to believe that there was potential - after all we are talking about GoM and it takes skill to fail :) If you have evidence that TGC was defrauded at the time of the deal, then you should present it to FBI, Justice dept and SEC as those responsible for defrauding company and its shareholders (if fraud did occur) should face both civil and criminal penalties, perhaps including racketeering. I do not have evidence of this, but if you do please proceed.
just comparing JSDA to other benchmarks roughly in its size range. Reeds/Virgils does have facebook page and the number of likes is about 1/40th of JSDA.
over 1 M likes for Jones 26k likes for Reeds/Virgils. You also mention velocity yet fail to mention Jones likes over time.
oubobcat - thanks for update and I defer to you on GoM. However the company's story (also in 10-K) is that GoM venture gave TGC the opportunity to participate (i think 15%) in new drilling activities in GoM with Hoaczin. Re huge potential - much higher than 100 bbl/d, perhaps even over 1000 bbl/d for a given well compared to tens of bbls/day for TGC wells. In neighboring Co. Weld County typically yields 100-150 bbl/d with some wells producing over 1000 bbl/d. Some GoM wells produce thousands of bbl/d.