unassuming aurora takes home the gold , page-24

"This year is when the value will start to be unlocked due to the increased drilling, not to mention the increasing oil price."

Very few stocks in the ASX 100 and 200 get to double their price. This is because much of the "future" is factored into the SP and is the reason why it is the price now and why the gain has been so good for the past six months. Everyone knows now what will happen. The secret was to get in when everyone doubted the ability of the company to prove a resource. The value is already unlocked. I'm not saying it will not go further as i believe it will but the best is in the past.

The sugarloaf in general has been good to me (thanks mainly to Agentm). An original investment of less than $5000 has grown to over $1,000,000 by repeated trading between the three originally and maintaining the faith. Therefore the best for me is definitely in the past.

That faith has now fallen, firstly from management failing to look after the earlier backers, secondly by my doubts that management will control their 'Oil fever", thirdly by the fact that the SP has most of the future priced in and lastly from my perception that there are better "multi baggers" out there. Rare earths are the new oil and I have rare earth stocks that are outshining AUT now and have better upside potential.

I'll not go right out of AUT or EKA and I'll always look at them as helping to make life comfortable.