hellow fellow investors traders etc;
today we received a trading halt.(i was very nervous when i got the sms re: t/h)surely many of us were!
it clearly states on the announcement "pending announcement on Fausse Point Project" the T.G.R land company Inc #1 well..
not sure what to speculate or predict,
but,,,,its either gotta be:
a> motherload of gas continuation to more depths during drilling and we striked oil and we need to dig deeper?
b> motherload of gas we never could have predicted? compulsory to be put on trading halt for the market to digest the news properly and value the share accordingly;
c> we hit massive amounts of water? failure but imho highly unlikely;
d> "blow out" due to high pressure. (now this scares me! :(
not sure where you guys are plucking cap raising from? Both venture partners are on trading halt.
something has happended out there!
has any1 driven past the site or seen the drill site?
lets all hope for the best. i think and only think a or b!
dyor.
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- announcement monday morning 11/1/2010
announcement monday morning 11/1/2010, page-7
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