CTP 2.04% 4.8¢ central petroleum limited

drilling report, page-38

  1. 1,368 Posts.
    maguro61 P.S. I wonder if COM is going to hold now well see some movement, he'll owe us all beers if we gap !!!

    Oddly enough I flew over the big red today and was oblivious to the anns and the positive news that they bring, it certainly places some reassurances that we are on the right track and that board room strategies have been made in the best interest of numerous parties, including us the common investors.

    Yes maguro61, i still hold and shall continue to, I believe that the wheel has now been pushed down the hill and should gather some momentum, I may even retract my comment of CTP going back to 13.45 support levels after todays developments.

    I am certainly no business strategist, but becoming a recent share holder in MHL will allow CTP to diversify and broaden its research communications tools such as past drilling and seismic results being as a result of the 12.76% holding. Being optimistic on this it may also put some coffers into CTPs bank account should both CTP and MHL. I am convinced that the downward movement of MHL today was profit taking and should have no impact to MHL.

    My biggest concern with CTP WAS the joint venture issues, these now seem to be on the way to be completely resolved and an amicable resolution now on end should ensure. It should be considered that a poster recently suggested that BG had one of their senior geologists at site, I wonder if he was stuck down with a positive tinge with the potentials and findings of the semi completed drilling program.

    I still maintain my cautious and self grounded optimisms for the short term out look, I would not want to be disappointed nor disappoint any other readers by ramping up, that would in my opinion be irresponsible but yes, yes, yes, things are on the mend, and thunder birds are the go.

    Well done all and Maguro61, thanks for the good posts through out the day, some thumbs up from me.
 
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