african oilers ~ a cautionary word fwiw, page-15

Thk DT for sharing with us. I totally agree with your friend comment on oil&gas exploration company. We need to understand that investing in o&g junior exploration is a high risk with equally potential high reward. Mostly all the o&g will have their sp run up as they get nearer to the driling time. It can potentially up to double or a few bagger. For those who want to play safe we can sell a certain percentage that covers up our cost&enjoy the remaining for free carried.

Those who is risk takers&dont mind losing up can hold until the drilling result. You will gain more but you will also be willing to bear the lost if it turns sour.

So which strategy will you equip yourself in this battlefield. Since it is your own money i will leave it to your own choices

Littleshark