I believe the road show that Justice is talking about is metaphoric for what is about to happen.
XEL is getting prepared to drill the Bentley field, the show has a coreographed set of events that happens:
1. The drill rig is released from its last job and moves to the next target field. This is the event that starts most speculation in a stock
2. Spud date - the day when drillling begins - the date when a pre-spud price target should peak (in XEL's case I believe the pre-spud target was around 1.96)
3. Drilling results - these will make or break the stock. If XEL flow tests around 1000-1500 bpd, then this stock should explode (by end of the year time frame), upwards of 5.00 to 6.50 in my estimation. Anything less and this stock will sell off to a buck. If its a duster, watch out, .40 to .60 will be the new range for this one.
If all goes according to plan, the company will have to decide whats best to bring the field to production. Could mean dilution or a farm out of percentages for cash to build the infrastructure. I am hoping dilution at a much higher share price will be the answer.
Do your own research, start with the company website, to make your own conclusions.
Andy K