It's very clear to me a few of the lads here are oil or e+p chaps as oppossed to short-term cowboy stock punters.
All the great postings by ktm, crows, buffet and jeffo to name a few are from clearly studied and learned folk - that's the only reason i try to chip in where i can.(try!)
I dont think there is more to say - the maths speaks for itself - the fundamentals (geological, corpo asset and intrinsic) are more robust and solid then when MC was in.
This is all PR and noise. Sit tight and enjoy the ride.
As i said - this aint Exxon or a Shell but a very volatile stock and let's be frank - we are talking miniscule penny moves which is why every craps themselves on a poxy 5-10cent move - sure 5cent on a 30c stock is a big % move.. big deal but this is an outright trade and not a % trade at these prices since liquidity is so poor. It's a binary outcome here or actually - one is buying cheap OTM calls on a monster drill success. That's how to look at it.
if one is in this stock on a fundamental basis - we are talkins $ dollars move.. frankly i cldnt give a to$$ about 20-50c here and there now..this is a little gem of a firm.
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