Ann: Thailand L44/43 Concession Resource Estimate, page-8

re: Ann: Thailand L44/43 Concession Resource ... I also had to re - read EL's post. Alot of thought and experience laid out.

Like John, we agree on an ongoing successful outcome for this company. But the SP pathway from point A to B will be far from linear, as has been the case.

Even if the development path was linear, POO will be characterized by price lurching. But we have exploration, leases, results etc AND POO price fluctuation influencing sentiment.

But now, even at 60cents in economically perilous times, the consensus is your money will be more than safe here.


Thus I still have an average of 36.9, but after suffering 2 pull backs (and averaging up before the last run to 88),I should be prepared to trade a proportion. As it stands any fast run up to $1.00 would see me sell up to 25% in anticipation of a pull back to the 80's to buy back in.

Otherwise I stay put 100%. These fields should not be taken for granted, and THE story is the oil story.

So I will be 75% with John and the "EL the Evangelical",
but I may sell 25% of my soul to the chartists and that DOJI they saw at 87 cents.

. come on Woody, buy back in!