a question for hardmano, page-6

mangels et al

Just now back from the country ... been smelling the roses so to speak.

I don't have any better idea than you guys as to why the sp is falling .. albeit a slow descent to around the 100 day ma (lower uptrend channel). It did this before .. on 17 June it spiked down thru the trendline and 100 day ma ... only to bounce over 10 cents the next day when ESG updated us on the multi-lateral pilot.

A few guesses .... the laterals are taking longer than anyone thought .. and some are losing patience. Other than marketing news .. the main news that is expected is the 1,300 PJ+ 2P upgrade ... and that's some months away. Perhaps some investors and many traders are exiting as their stops get hit or approached .. to use their funds elsewhere until closer to the upgrade.

Who knows really .. but someone else posted that BOW did a fall like this and has ended up well above previous highs.

I'm not selling ... but looking to take some more traders as low as possible. Everyone has to make their own decision on when to jump out or jump in!! That's investing!

H