Well said Laz, and Ya, more work to do and more information coming out over next few weeks. I for one will be accumulating more and balancing spread to options as well more upside than downside ahead. We needed a good cleanse and it's happened.
Only time will tell and once people realise exactly what the information is then we will see how good this buying opportunity still exists GLTA. Demac need a good kick in the butt, not very professional BUT going from 40% to nearly 70% is still a very good report how ever people see this.
Who said specky stocks are boring, only the strong will prevail. We still have a huge oil play and that is why we invest here. People selling etc obviously need a crash course on what oil/gas stocks companies are all about.
Both announcements haven't said we don't have significant gas/oil reserves, once 2D covers area end of May then another 2-3 months before results known to market then many people would say why didn't I buy, what did I panic and sell. The market will re bounce up and time to settle things down.
I am happy and buying more. GLTA again.
88E Price at posting:
5.6¢ Sentiment: Hold Disclosure: Held
(20min delay)