Ann: STX: West Erregulla Update, page-63

Not sure how long you have been investing TJ.

If you don’t think this investment is suitable for your desired portfolio than why are you posting?

For what’s worth, just because a company has gone up in a straight line it doesn’t mean that will continue. At some point underlying asset value, discounted cash flow and sustainable competitive advantage will eventually dictate the share price. This becomes particularly obvious when companies start producing cash flows and are far easier to value.

If you were around during the .com crash, I think you will find that those companies that had cult followings eventually retraced, and some investors never recovered because they ignored underlying fundamentals.

WGO has both gas already discovered and the possibility of adding further to their reserves.

Quite frankly if our discovery is underwhelming we still have potential. If we add to our discovery at WE3, then we will make investment headlines.

I think you will have some regrets if WGO is trading at 40 cents in January.