bow bowo

if you're not too risk averse, i like the oppies.. BOWO... trading at 12c with exercise at 20c but in 2008!! Thats the best bit.. plenty of time until expiry. They have at least four wells planned over the next 12 months, 3 of which could add many multiples to the share price... The company has made the bold claim that it beloeves it share price could be worth $2.00 within 12 months, which would price BOWO at about $1.85 with another 10 months to expiry... thats 15x what they are trading at now. There are also only 12.5mil BOWO listed of which prefontaine (MD) and his wife have about 500,000 let alone the other directors. You can see that BOWO are very tightly held. I have managed to pick up about 150,000 during this recent market weakness and look forward to June. But all will not be lost even if June is not successful as many others are planned over the short/medium term. Should nothing happen favourably by years end.. then i will reconsider my position.. but we should see many spikes in the price until then. My risk profile won't allow me to buy more at these prices but i am tempted.

Worth keeping an eye out on them... I certainly will! Good luck to those who dare... Would love to have more followers of BOW on this site so we can keep each other informed.... hence my post and declaration of interest.