the smell of an oily rag, page-4

Gosh and to think this time last year I was laughed at for not agreeing with the consensus that CTP will be another BHP in five years.

It's going to take a lot more than one oil find to instill confidence in this puppy. Even with a hint of oil, I would absolutely not be recommending this one to anybody I know.
By the time we even find out if we hit oil (which is highly unlikely it woud appear) this stock will be well and truly below 5c, meaning that a good discovery may see a run to 6/6.5c, assuming the daytraders don't take their profit.
I'm sticking in the hopes that we sell this 'coal' tenement off in a similar fashion to LNC, to get some money in the bank. Maybe extra cash will make this attractive for punters, to give me a chance at exiting this puppy with just a 50% loss.