maybe worth a look?, page-8

  1. 1,317 Posts.
    re: for irjones Llew,

    Depends entirely on your own trading strategy whether you hold them through the drilling of the well or sell ahead of the spud. If South Crackling comes in WON will do very nicely but if not you lose. None of these shallow wells have been successful so far so no reason to think this one will do any better. Suspect however WON will tick up a little ahead of the spud date but recent float at one cent would put a bit of a cap on it. Looks good for a short term trade. I sold mine yesterday at 1.2 cents only to see them touch 1.4 today. Oh well thems the breaks. Jocam9
 
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