Ann: Gibb Maitland No1 Sidetrack - Weekly Drillin, page-29

re: Ann: Gibb Maitland No1 Sidetrack - Weekly... This is O&G business. Very speculative. People may buy for nothing, may sell for nothing.

Here is the chart of Karoon Gas which also partnered with Conoco Philips. See how it goes from $4.75 to $1.70, then it goes to $12. It's all about finding the oil or gas.

Nothing happened to NSE project atm, but people nervously selling out. See how the people were selling when KAR was $4. It went down to %1.70 very quickly. Then it goes up. It's totally ridiculous. A lot of people sold out their shares at big losses.

Just buy and hold is the best strategy if you believe the company in this business.