Hot-trader - you wrote "I have not forgotten the reasons to buy on specs like BKP"
Just a reminder if we need any from the past...courtesy of Ryder: " A TOC of 2% is considered to be sufficient for Oil Shale plays and both the Bakken and Arthur Creek Oil Shales have much higher TOC’s. Both shale formations have natural fractures but the limited information from wells in the Southern Georgina Basin suggest that the Arthur Creek Oil Shales may be more highly fractured than the Bakken and, therefore, require less fracture stimulation in the Southern Georgina Basin Arthur Creek shale targets.”
Its the moment of truth.
Unfortunately its also a moment which brings out the fear in many. If some have sold now anticipating falls later, why will they say so and want to still buy back in 12-15 weeks time if they dont believe in whats in store NOW?
So you have sold out and lost some money. Tough.
Why say that you will 'open your eyes again for BKP later" .If you dont believe in it now, then leave and put your lazy tenner on Lucky Lindy in Race Five to win back what ever you lost....but spare us all your strategy which is riddled with disdain!
Good luck the rest of you.
BKP Price at posting:
1.5¢ Sentiment: Hold Disclosure: Held
