Hi guys,I still think 39-40 cents is way under par prior to the...

Hi guys,

I still think 39-40 cents is way under par prior to the Raven flow testing results being released... remember this was trading at 50 cents back in July when the drilling was complete so the sell off seemed way over done, and now the rally, in theory shud get us back to even ... then with the results assuming they are as good as expected should see this break new highs for the year... > 0.70

My chart shows a lot of positive signs, Elliot wave 5 wave sell off complete, the down trend channel for past 3 months now broken to topside, RSI climbing out of over sold territory, and Directional Movement Indicator crossover positive...

So this should be the beginning of a good push higher into the end of the year with Turner Bayou beginning drilling and 2nd Raven well also beginning in November,.... so why, having endured 3 months of price pressure would anyone consider selling between now and .70 , or between now and the end of the year...??

cheers c u