At .035 Porto's MC is 7 Mil, they have probably spent 50 mil on siesmic, drilling, logging, testing etc... and all that plus their extensive holdings and licenses are only worth 7 mil, anybody holding this stock right now is underwater and has a loss, and selling for a tax loss right now is probably what's behind the sell-off, @ .035 it's a double @.07, in January this will recover without news but if Sorg & Rag commit to phase 2 before that anybody buying in this range will do well.