10 billion barrels , page-8

conix, thats a wonderful dream.

But how many dream companies do you need to hold for that 1-2%-5% chance turning to reality for one of them???

Must admit, i was a bit blue skied by the potential.

And for that, still hold, as the damage has already been done to the SP, so, yes, upside if they get a sniff i guess.

Maybe its better to hold none, and just wait for the one to annouce a find, and then just buy in on the open, sure you pay maybe 2x last,,, but you dont have the other 95% of time money investment dollars on other companies, of same risk, just ebbing away.

I'm still much a work in progress, but my thinking has shifted to underated producers who are expanding their productions wells, such as MAE, RFE, STX.

I read "potential" and "undiscovered" and just laugh.

Whats it really mean??? If the trap site was full???

Well what are the chances that its got a single drop in it??

As said, I hold, and will wait and see.