It is no surprise that Fat Phophets highly recommends Tap Oil at the moment. Drilling results due out later this month have a high chance of success and has the potential to increase their reserves by 250%. Their share price has already risen 15% in the last three days and should continue to do so in anticipation of these results later this month.
The company has close to 100 million in cash and the ability to capitalise on any find without the need to raise additional cash.
I look forward to an increase in the share price throughout this month.
Good luck to all holders.
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