Seems we have a panicky trader, reduce the sale price of their options from 16 cents to 8 cents today.
If I had the cash, I would be picking up some more of these. Got the feeling that the guys and girls at 5 cents might get their options orders filled soon.
Still waiting on flow rates from 330, and IMO I think we will get them.
You can bet your right testicle (for those that have them )that this company have found lots of oil and that they will get it out of the ground. It's been flowing for 40 years within kilometres of our prospect so I think we will get a good flow rate, PACA 1 tells us it flows.
A game of patience.
ERH Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held