JV - you must have has one extremely boring day answering your own posts :-) Not much activity on the forum today - tends to be this way when there is a bit of a downer. Profit taking - some DTs getting out looking for daily greener pastures - who knows and who cares as long as the flow rates are positive and water free out of Warro4. The climb into the mid 4s early in the week was a bonus. Still no exceptional daily turnover - bit of a downturn today on turnover and SP. Be patient - flow rates may not be out until mid-next week - the longer the better as this means there has been no major issues that has halted the testing. Warro3 saw a 15% sell down mid morning before the company went into trading halt only to announce water issues three days later. Don't be surprised if they do the same again - trading halt I mean - this is to avoid too many leaks and trades into the market prior to the Ann. Anything over 2mcf is considered acceptable, 4+ and I will be ecstatic, anything near 6 and we will probably see double figures and a re-evaluation of the field potential. Remember the market is always right, a pre-empted sell down will tell us everything as will strong demand and SP growth!! Goodluck holders.............
TSV Price at posting:
4.2¢ Sentiment: Hold Disclosure: Held