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JMHO,Thanks to the HC hype, If this announcement is ANYTHING...

  1. 864 Posts.

    JMHO,

    Thanks to the HC hype, If this announcement is ANYTHING besides "a rig is now in puntland" or "Offshore JV" - the market is going to hate it. I cant imagine what moving focus away from Puntland is going to do to the sp, no matter how great the announcment is.

    I think a small rise over the first 10 minutes, then back down to 3c - in fact I am betting a carbon copy of the chart after the Canmex MOU announcment from October 13 2006, even the sp levels will be the same:



    IMO ofcourse, based soley on the past 10 times its gone into TH. So I predict open at around 4c then drift to 3c. Lets hear some other price predictions for tomorrow - if it doesnt go into suspension that is.


 
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