Perhaps was trying to encourage buying, not sure what all the rush is to get on, considering we have no imminent news, Latent & Alcoa wont make a decision on the well this week. I dont particularly see the SP as oversold right now, considering the well is probably an exploratory only. I would think we would see some exiting to use money elsewhere for a while & it would not surprise me to see below 1.5 in the comming weeks. My biggest worry is if Warro 4 can not be timetabled to get drilled & flow tested prior to 1c oppies expiring june 2010 then that is where the sp will head. This idea of a bounce may be wishful thinking.
Disclosure: have sold 70% of my holding for a lower entry. I am not writing this post to get my order filled :)
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- big win for those who bought shares yesterday
big win for those who bought shares yesterday, page-5
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