.08 last minute, page-25

I'm assuming you are asking me?

2 reasons
1. Everyone is assuming pcl is going to get a spectacular farm out on the basis of the total/shell discoveries. I'm not convinced (I've given my reasons previously)and also as previously mentioned will use the results to guage how good things go with the showing from the data room.

2. Some people really have no idea on the wait times involved and have jumped in thinking they are just going to make a quick buck. The sp goes up on news and speculation. When will farm out news come? Could be soon, could be months away. Once news comes, what other news is there? 3d being shot? No surprise. Target selected? No surprise. We have a long wait of over a year before drilling starts.

I think there is time to re-enter the stock once certain questions are answered i could be wrong also and could end up paying a higher entry fee but happy to do so if I can see this continuing its upward journey. In the meantime my investment loan is looking much heather and I'm paying less interest.

This is just me and my experience in another oiler that ended disastrously so I hope nobody takes offence. Things don't need to end the same way.