Ann: Santos withdraws from farmin agreement , page-7

NTS,

The last lowest low for CIG was at .008c (in march 09), if the support does not hold and volume increases i would not be wanting to hold the stock short term just yet. DYOR the stock would need to bottom and trade sideways on reduced volume to eliminate your risk

However all that is written could be pointless if there is pending news of a new JV partner and they intend on developing the area very soon (which is what is keeping me interested at this point in time)

Im happy to wait and see what happens in 2 months time. There is no need to pick the bottom here im happy to pay a hgher price only if something good is to come of the future for the company

I will be back just a little earlier than uncle i think!! lol


Good luck all