Nice post from Stockwits30 Mar 2021 02:21
"JUST A FEW CLUES THAT LEAD ME TO BELIEVE THIS IS A GREAT OPPORTUNITY.
CLEANEST, LARGEST SAND PACKAGES THAN OTHER WELLS NEARBY = MORE OIL AND BETTER QUALITY.
CONTRACTORS OPT IN FOR SHARES INSTEAD OF $$$.
THE MANAGEMENT TEAM REPORT SMELLING PETROLEUM AND SEEING A FLUORESCENT SUBSTANCE ON THE MUD.
CEO RESIGNED IN MY OPINION, SO HE CAN MAKE A TON **** OF MONEY, AS ONE OF THE COMPANIES BIGGEST SHAREHOLDERS.
GOVERNMENTS HAVE BEEN TRYING TO GET AT THIS PAYLOAD FOR DECADES! NOW, 88E ONE OF THE FEW WELLS/CAMPS THAT ACTUALLY HAVE THE AUTHORITY TO GET THAT OIL OUT. THAT MEANS, IF ANY OTHER BIG PLAYER OUT THERE WANTS A PIECE OF THE PAYLOAD THEY WILL HAVE TO BUY OUT A COMPANY ALREADY OPERATING IN NANUSHUK AO.
IT LOOKS VERY LIKELY THEY WILL HIT HIGH GRADE COMMERCIAL OIL. WITH PRICES AROUND $60 PB AND DEMAND EXPECTED TO PICK UP THIS WELL COULD PROVE VERY PROFITABLE.
MY THINKING IS ONCE THE NEWS BREAKS, THE PRICE WON'T BE WAITING FOR ANYONE... "
Obviously the above is just a Pi's personal opinion, can't disagree with what they state though to be fair.