PCL dropped from 7c to 4 on the first few days of spudding Sunbird.
The opinions were that someone knew something. What? on the first week of a two month drill? Of course, Sunbird did really prove an oil province. The SP dropped a further 1c because it wasn't a gusher. Hey we still don't know the final decision yet! The reason PCL dropped was really on the company financials.
Now back to FAR. Again, the very first week and people are saying someone know something. Those people should really be then working for the big oil companies, like BG and Cairn Energy, because they are "so good", they could really save them a lot of money on drilling!!!!!!But hang on, they are not working in the oil industry, cause they are investing in FAR.
Being realistic, Where there is a seller, there is a buyer.
Could it be that we are all being played by an astute
buyer??
I would say about four weeks, we should know something (hitting the first ZoI. If that's a dud, then you can press the panic button. Not before then.
Correct me if I am wrong, I think I read somewhere that there are actually oil leaks (I think) in this area.
Good luck all
KKW
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