wpl is a producer and mauritania is only a small part of its...

wpl is a producer and mauritania is only a small part of its portfolio and roc only has a very small % and has allready fallen from $2.60 in the last week.

HDR has a lot pinned on mauritania and is suffering from a string of bad news announcement.

First the Coup , then the wrap over the knuckles for Simons boozy lunch and subsequent retraction, then Sotto dry , and the speculation about which wells have been csemi scanned and which havent.

This well is a salt dome play and was given a high chance of success the trading of the last two days suggests insider selling to me ? I hope im wrong.

$2.09 should prove strong resistance lets hope it doesnt go that low.

The stock is surely undervalued at $2.18 just on ching and tiof alone

At this price there is no blue sky premium for anything else in Mauritania let alone Guyane and other new plays.