I guess its inevitable that the momentum of SNE-3 results would fade as we get closer to Bel-1 outcomes. Some will sell ahead of results particularly as FAR has been talking down the significance of the Bel-1 prospect. Disappointing though that FAR couldn't hold 10 cents IMHO. CN seems very certain about SNE-4 though so no matter what happens at Bellatrix this should provide some positive news given its implications for the size of the SNE oil field.
My reading of the spud announcement is that we won't hear anything until TD when they will report on BOTH Bellatrix and the deper drill on SNE (SNE-4). Is that everyone's expectation? What if the find oil at Bellatrix? Surely that would be material nad have to be released without delay?
H
Inevitable retracement ahead of Bel-1 outcomes
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