VPE victoria petroleum nl

west florence 1 ... target depth closer, page-10

  1. 384 Posts.
    yes, the sentiment of this being a dog is certainly out there, however they do currently have one of the most active drilling programs out there.

    I have been following VPE for quite a number of years and made good coin with a syndicate years ago then sold out and stayed out, until late last year.

    I firmly believe that with this active drill program this stock will rise to reach new heights. Dare I say it with out being flamed, I believe they can reach their 200M market capital target with their current drill program.

    Depending on their level of success being 50%, this stock will by Xmas see new hieghts.

    Only because of their active drill program, I am holding over 1Mill of their shares and options combined and expecting to see this investment certainly double and triple before the end of the year, with the possibility that they do fire up with some success this may actually provide x5 return, possibly x6 return and no CGT.

    Holding till next year and re-assess as I firmly believe this will provide the results long termers are looking for.
 
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