I appreciate the sharing of this info, Mantical.

But I sit here reading it and I can't help but seethe. We have to sit back and wait some more in hopes that management can get a sale price of $2?

I realize I have actually written on this board fairly recently that I am prepared for a buyout of as low as $2. Yet, I continue to hold on to hope that management can pull a rabbit out of the hat.

It's quite remarkable that none of the directors was unloading shares when CUU hit its peak of $2.75 a few years ago. I guess they were all as greedy and blinded by the downside risk as the rest of us.

The macro picture has definitely deflated our value over the past couple of years. But, as I held on to my sizeable stake in CUU (sizeable relative to my net worth, that is) and actually added a few more cheap shares here and there, I watched other stocks take off despite the same macro factors at play.

It's as frustrating as hell!

Gambling on a major drilling campaign this summer and possibly next would definitely add to that risk. Maybe some of the targets don't prove up as much resource as we hoped. The added years mean that the global economy could be better or worse than it is now -- that's a complete roll of the dice.

As well, does CUU retain its NTL spot even if production is delayed by a few more years?

At the end of the day, if $2 is it, then give me my money ASAP. I want to cash out. And I will never again recommend a "sure thing" to anyone I know so long as I live.