Every possibility of a bit of profit-taking .. in fact some already. I for one have learned over the last 8 years of trading to do that. In fact NOT taking a $500k profit on Hardman Resources Options in 2001 nearly killed me off as a trdaer and psychologically .. big lesson learneed!
You said you got interested in ESG because of the potential huge resource ... reminds me of why I got into HDR in 1999/2000 .. spoke to the Woodside team and they said they doing the largest offshore exploration campaign since the NW Shelf and THAT got me interested. In at < 10 cents and did well overall (6 years) but made some massiver mistakes along the way .. like being over-exposed when the second offshore well failed.
What attracts me to CSG operations is that you don't live or die by any one well .. its a slow incremental appraisal process.
H
ESG Price at posting:
69.5¢ Sentiment: LT Buy Disclosure: Held
