Newby too. What I have to say is very simplistic.
We have been invested over a year and a half...got in really cheap and now waiting patiently for the "big one" to arrive.
What we have come to learn is that price drops when "news" doesn't happen when everyone thinks it should! We did this same thing just about the same time last year with a huge drop in SP. What we learned is patience....the speculation part of stocks is huge and drives price either way.
What we know is....studies have shown that there is something there, on our property...it ain't pudding people! Lori, Murray and company aren't out selling pudding. They aren't out selling something they don't believe in! Murray is as honest as the day is long. Just believe.
What we know is... permits are coming...there is no "reasonable" reason to not expect they won't come. There is nothing to indicate the contrary...why wouldn't they drill!
We know... sooooo many people have done their dd and have given many of us the tools, information, insight, to understand that this is a HUGE find and ... thank you so much for sharing what you know!!!!!! What comes around goes around! Karma is great lady!!
If this is wrong I am sure someone will correct me.
So... let's sit down, shut up, and hang on!