Hi guys,
First post on HC. I've held LKO for many a year, and have always bought more when I have some spare cash. I have been a long believer that the Wombat field and Trifon field will be a company maker. This belief comes from the improved technology that is now being used in America and now Western Australia. Is it a coinicedence that Lake are holding a joint conference in perth in June with Transerv who have 10% stack in warro? come on??? I very nearly bought TSV, but when I saw that Lake hold 100% of better quality Sandstones I went out and just bought more LKO's.
I now hold over 30m shares in LKO bought at various prices, at the moment I feel the mosts confidence in Lake than I have since beginning buying these 5 years ago.
2009 will see Lake oil finally move, and good luck other long term holders.
I have bought more today too.
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