EMR 1.52% $4.02 emerald resources nl

cvi has proven 60mmbls..so y risk canning, page-14

  1. 3,815 Posts.
    lol...it was 1 month ago...and yes...if u had followed what i said when EGO was .06 and EMR was 20c...your 'wealth' would now be 3-4x what it is now.

    Just look at the date of my posts and the SPs at that time and you will see why I suggested getting out of EGO quick smart.

    As for CVI in Africa...yes it does have its risks...but the upside is so extreme that it more than covers the risk 10x over.

    Also don't forget that Gulf, Elf, BP, Total, Tullow, Mobil are all drilling/producing in West Africa.

    Don't be so naive to be scared of west africa....its where the real gains are.

    I like canning..hence i hold 1% of my portfolio in EMR. However, Valentine has a 10% expected hit rate for a feasible drill. Then even if they do have the resource...you have to look at the infrastrucutre required...ITS IN THE MIDDLE OF NOWHERE.

    good luck guys...really mean it...may god be with you..as what you have here is a number picked on a roulette wheel.
 
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