Gee T4P really positive about this one...
http://www.hotcopper.com.au/post_thread.asp?fid=1&tid=468325#1737822
"Prior to drilling, the "blue sky" target was of hydrocarbon charge in "up to 12 target zones"...we now have confirmation of likely production from 7 of those"
Confirmation of Likely Production? Has anything changed in these 7 zones since last November? Even John Hasleby couldn't confirm "likely production" the last time he stood up in front of shareholders. So where is this confirmation in the last ASX announcement? Permitting has been in progress for months now - nothing new there. Don't worry though T4P (lol!) can confirm likely production for you on hotcopper - he makes the whole ASX announcement system seem so pointless really?
http://www.asx.com.au/supervision/participants/market_manipulation.htm
- False or misleading information
Companies and investors might be tempted to re-release information or present information in an over-optimistic manner, in order to generate interest in the company’s securities or help a flagging stock price. In some cases this includes unrealistic, unsubstantiated or incorrect data, projections or evaluations and takeover rumours. Unscrupulous investors may also generate interest in a stock by way of internet chat rooms or other mechanisms to affect the price of shares. When the perpetrators use the demand generated by the false information they have spread to sell their own shares, the operation is known as "hype and dump".
Add to that the conspiracy stories he's posting, you'd think he would be on the phone to the market supervision section of the ASX every two minutes. Or do they say that people in glass houses shouldn't throw stones?
But no - lets "entertain" people on hotcopper instead with stories. T4P's (lol!) posts are for entertainment - right?
T4P - lol !
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