PRM 20.0% 0.6¢ prominence energy limited

how low it will go, page-9

  1. 1,215 Posts.
    I agree edenhouse and I don't see Sun dropping much further.

    In fact as I suspected, the 2nd abandoned well was already priced in.

    As stated in the latest Hartley's report and in line with my thinking, these price levels are a good entry point for long term SUR holders.

    I entered the last time it was in the 2 cent range and all I did was make a profit however I got greedy and averaged in too close to the drill to wipe out my margin. It did help me reduce my losses though when I think about it.

    SUR wont stay down here for much longer, I see the next catalyst being the announcement of the N.W shelf deal -- all the details including the actual company they are doing the deal with. ;)


 
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