CTP 7.69% 4.8¢ central petroleum limited

attn psi81 - your take on update, page-12

  1. 6,294 Posts.
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    The announcement makes me want to buy some stock, yes.

    But this stock has burned me before on two occasions after things looked very good. It's taught me two valuable lessons:

    1. Geology always has the final say and may disagree with your interpretation
    2. The market does its own thing with scant regard to what the geology is saying anyway

    So will I buy some stock on the basis of this announcement? Probably not yet. A stock can fly for no good geological reason, and a stock can go nowhere despite very good geological fundamentals.
 
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