STX 12.0% 28.0¢ strike energy limited

Yes very disappointing, i have been wrong before and will be...

  1. 493 Posts.
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    Yes very disappointing, i have been wrong before and will be wrong again but my take is that they have a lot of very prospective ground and unlike others like CTP they are in a good location , a high demand state, wa, with access to market via nearby pipelines and such etc so yes i could lose my investment but there is still some possibility they will do better with some of the future drilling. Perhaps they will also improve their communication skills as well.
    What i find lacking among other things is the lack of information on remedial strategies for the failed wells. I suppose their is a lot going on so the dud holes are on the backburner whilst forging ahead with the new holes.
    So i would like to thank all those posting informative and unemotive information , we are all on the same train so lets keep the journey positive.
 
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