Patience guys, there are plenty of announcements to flow from JPR now in regards to their proposed timelines . I noticed yesterday a bulk seller in the options at 1 cent and today at 1.2 cents - it is probably the same seller that was mentioned as a seller of the head scrip (now complete) . They will run out of ammo soon enough .
It is not an overnight wonder here but an opportunity to get set over weeks and months . Oil price is in our favour, the territory is very oil rich and well understood, and we have a strong liklihood that 25 million barrels is going to be proven . Compare to SAE which has a market cap of $20 million but reserves of less than 5 million barrels of heavy crude . JPR at a market cap of $15 million is very likely to hold reserves of 25 million barrels ..... Buy, accumulate and hold . Just because the shareprice has been hit by a depressed seller recently it is no reason to justify joining them . Thank them for the opportunity .
JPR Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
