Hello Primed
I have always respected your opinions in the past, and the question you posed is very realistic. I have said on this board before that I expect SLI to run out of money early in the year and will have to do a PP to continue drilling.
What would make me happy is that the news is good enough to raise the price of the PP to about $5 a share in late Feb so that we only have to issue about 4M additional shares to get $20M is cash to fully prove up the property. Then, I'm relying on Lori's words of "tenbagger" to get my goal of $20 per share to make me totally extatic.
Yes, I'm hyped considering most of my other holdings have tanked with the general market this year. And yes, I'm over-invested in SLI. BUT a part of investing is the off-chance that every once in a while the opportunity is there to hit a home run and, in my opinion, SLI is the best positioned that I have seen in the last 30odd years to do just that.
So, I'm riding this baby out to the end, like the rest of the longs on this stock.
Ismore