(Editors' Note: This article discusses a micro-cap stock. Please be aware of the risks associated with these stocks.)
I had been casually tracking Corridor Resources (OTC:CDDRF) for a number of years. Luckily I did not own the stock until late until 2012, because the experience for most shareholders over the past seven or eight years has been most unpleasant.
Here is the stock chart. It is not pretty. Corridor which once traded for as high as $12 per share is trading now at only $0.84.
(click to enlarge)
The only thing that kept me out of this company for the longest time was that I've been after oil exposure. Corridor is primarily natural gas. So what changed to...
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