The news released wasnt stellar but welcome to speculative mining!! There were some sort of good news (more testing needed) and less so in the detail and they said they will release more news shortly so 2-3c is reasonable as long way to go and lots of acreage out there and so they didnt hit Saudi size. you think theres any of them left on this planet? No, its a slog to find a good well. Over at Lakes, they found CO2, so they try to make that commercial. haha
Like the "Mustang" disaster a few years back, a lesson you learn is dont put ALL your money on one stock no matter the hype. Better to have 10 of these and spread it and you will always sleep well.
I happy to hold and wait for testing and more wells dug. Long term this is; and cheap as i got it, i happy..
Ann: Operations Update, page-192
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