This play isn't for everyone, and this isn't diver

This play isn't for everyone, and this isn't diversified portfolio. Anyone who has put a material percentage of their portfolio into this stock needs to understand that they aren't just swinging for the fences, they are swinging for the next zipcode.

There is no reward in this world without risk. The market gives absolutely nothing for free, there is always a price. If someone could just pick a penny stock oil company, throw a hundred grand into it, and have them hit even half their targets and have it run to a dollar within a year or two they are as lucky as lottery winners. I maintain a watchlist of penny stock and small cap oil firms as comps and the list is littered with busted plays and broken stocks.

I can't speak for everyone here but I am looking for a 30+ fold return on my investment, and accept the fact that part of that equation is the possibility of catastrophic loss. However, after my last two visits to to Mitchell I've bought even more. If things play out the way I see it, especially with the clarity of both on site due diligence and charting, then anything under a nickel will have been a tremendous bargain. Hence, my buying with every appendage at rock bottom prices.

Remember folks, guys like Richard Rainwater got rich not by following the crowd, but by investing in what the crowd hated (oil futures in late 90's) before they decided to love it again.

By the way Braveheart, Rainwater was a Longhorn! Hookem Treaty!