undervalued?, page-21

Green T,

Thanks think i will stay out of GGG given the political risk.

Have had a brief look at Toro but also not something I'm rushing to .

Have also looked at BLR - is quite a specky one but it has the advantage of interest in "ablation" technology which is an interesting twist.

Mr Q,

Cant really figure out why ERA SP is falling either. No news to drive it , and if anything I thought the recent report on Deeps was very positive. Only thing I can think of is maybe some long short fund who think the sell-off on PDN is overdone especially given how ERA had held up - so maybe they are putting on a long short play - long PDN short ERA ? - pure speculation on my part though , and if that's what they are doing I think they are mad - I'd have ERA hands down over PDN - but if U prices do rise PDN would likely outperform ERA