As a fellow SI investor,
i am able to verify Mljet's comment. Once you get into those arenas, the doors are wide open in to many other plays.
I too feel that unless VIL comes up with news in relation to FP and Bongo, the shares will trend south. The sad part is that VIL is not in control of any of their ventures and as such have no way to expedite [if even possible] any testing on their projects.
Investors, it would be wise to not fall in love with ANY stock in the current climate and instead have particular trading paradigms to play within. We live in a NEW investing environment now and till the bulls take hold, we will not be able to rely on strong fundamentals. There are too many unknowns at the moment in world economics. Even the data is voiced to be doctored.
VIL is all about FP. If there is oil and gas from the upper zones, then they will be more than 300 percent from where they are. This, however, will take time...trade on the volatility.
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