Market is down on selling before testing because of they are derisking in case it doesn't flow, or perhaps because there is a few weeks gap between well drill to TD and flow testing or even down because many investors are just sheep and following the market down or stop losses were hit.
None of that has any basis for saying the well is not going to be a complete success at all.
From the facts and news to date, the well is very likely going to be a success and really although I wish I didn't buy at higher prices, those buying in now are probably setting themselves up for the biggest gain.
You don't have to buy in TCF, your money will be peanuts compared to other interest on positive commerical flows.
Add to My Watchlist
What is My Watchlist?