entropylord,
No worries...I'll be to sure to explain everything in full detail on a chat forum so ppl wont need to read an announcement or broker report or even do there own research on the leases/company before purchasing shares.
ps thats a half truth also at $50mil entropylord.its actually $100mil they have put forward ($50mil at Roc) if 1st drill at Phoenix is succesfful.So the moral of the story is, its hard to explain everything in detail in one post that doesnt go to long.Sorry if any one was confused.
My point was the SP was heading through 8c prior to placement, correct ? Which direction do you think it will be going after placement is done (tomorrow)& heading into spudding & whilst drilling ? I think the market will get a little excited on a multi trillion cubic foot prospect currently being drilled with known gas there.Lets wait and see
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