My thoughts on why this is a good move: It's an attractive entry...

My thoughts on why this is a good move: It's an attractive entry point price for a North American investor with guaranteed 20% profit.

Considering the price range we've floated around, prior to JORC, the national risk and other factors like being a land-locked country - I'd say this isn't such a bad result at this stage in the game.

Obviously a lot of us would've liked some Disallowed announcement - but that's being emotional. When you look at the unbiased facts - drilling is only beginning, JORC is yet to be defined, it really is only a logical place to be in.

Anything else could fall into the category of "irrational exuberance" at this stage of the game.

PS yes I hold, and will continue to do so.