daytrades feb 23 afternoon, page-109

  1. 61 Posts.
    Endless,
    The way I see it, WHN are not likely to do any drilling themselves, well not for a while. I figure they will farm out/JV for a few first and see how they turn out.

    Based on potential drilling success with JV partners, or receiving funds from the Wind Farm sales, I suspect they may then drill a couple of the better prospects that they have kept up their sleeves.

    I am sure the company will clarify things all in good time. No doubt they have time frame expectations and the market will get to see these when Management are ready.

    Can?t see any drilling for a while though. Any rise in SP will be on pure speculation that their acreage has the goods. Price of Oil is looking tasty.

    IMO.

    Good luck all.

    KW.

    Ps. Ringa dinga ding?. there goes the 100mil.
 
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