Common mistakes of investors are:
1. Talking about "feelings" or "belives" according to the shere price Too much optimistic or pasimistic.
2. Talking about un realistic excepations in the short term like: "We are going to get farmin today/tomorrow/next week"...
*** Couple months ago after the pcl annoncemnt of 4 majors in the data room i saw how a lot of investors said that farm in will happend very soon (Short term) and i said that Farm in process takes at least 6-18 months.
3. Dont understend that in this kind of investement there is a lot of risk and most of the time the market will not give us credit until we will be/have:
* Fully funded for 3d + drill.
* Super major opertor.
* Cpr after 3d.
* Drilling date and target with Good chance for success to large prospect.
All of this can take 1-2 years from now and im not sure that it will happend but i think that we are in a good way.
**In one of the sintana presentation they said that the one of the major reasons that they buy 49% from inter oil was the saturn prospect - So they belive in the licence and i hope to see that bring us farm in of major.
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