re: News: Transerv Energy Gas flows from lowe...
I have spoken to Stephen in the past and he, by all accounts, is a pretty straight shooter. This mini interview was obviously devised to inform the market that the Ann was poorly wordsmithed and as a result the market reacted negatively (message to management - get your Anns professionally written so they are not ambiguous). The nervous nellies couldn't get past the 0.65 rate or the fluid issue in the message and as a result sold down thus causing the mini avalanche in the sp. Congrats to Hartleys to sticking to their guns. All we need now is the well to be cleaned up as professionally as possible so the flow rates measured show a true indication of the Warro field. Unfortunately this could still be a few weeks away yet!! (EGO holders, I can hear you groaning from here as Alcoa won't be committing one way or another until they have something firm from Warro!) Duverney offers close in 4 weeks - 3 exciting lease parcels up for auction for farm out agreement. No matter what the doomsayers say (and believe me they came out of the woodwork yesterday didn't they!!), I still can't find a negative in my current investment in TSV. Only my opinion thou - DYOR, and then you too may be as excited as I am in the short and long term prospects of TSV!!
TSV Price at posting:
2.9¢ Sentiment: Hold Disclosure: Held
