welcome ghost who walks, well you are up already, so that's a...

welcome ghost who walks, well you are up already, so that's a good start and there is plenty advice around here about the advantages of being Freak Harry, I mean free carried. There is a lot of unpredictability in an exploratory drill, I guess that's why they call them wild cats. I mentioned in a previous post that Petro Matad were doing the heavy lifting in terms of giving exposure to Mongolia as an exciting oil province to invest in. Additionally, MATD drilling which I expect will begin first, will confirm interpretations the geologists are making from the data available of where are and the extent of the hydrocarbon kitchens and the resource traps in these formations.
The speculators on here are similarly examining patterns, interpreting data and historical information to predict an outcome, we just don't know some of the things we don't know.

Here are some of the things we know we don't know:
Will S.A.M. fund this drilling or who will S.A.M tap for money?
Will PetroChina make a move?
Are Rosneft (Putin) sniffing around?
What are the Russians up to?
Will US shale collapse?
When will Mongolia build a refinery with India money?
Is the Mongolian Government ready to and able to seize the day?
Are Wolf ready and able to deliver on their promise?