i dont feel there is too much expectation priced in on anticipation of drill results these days. there may be a consolidation period as a result of the positive run we have seen of late, but that is not unreasonable.
cvn is a victim of its own drilling success - we are so used to consistent positive drill results, but we cannot expect them 100% of the time.
poe has held up overnight so hopefully we will do the same.
if 2009 is as productive as 2008 was for cvn then we should see solid sp gains made, now that the worst of the market collapse seems to be behind us.
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i dont feel there is too much expectation priced in on...
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3 | 462000 | 0.135 |
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2 | 257503 | 0.125 |
Price($) | Vol. | No. |
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