cash position, page-60

And the main thing you will find in the companies i mentioned is things have gone pear shape, during production tests or have cash issues because of extra costs. CVN, AOE, COE, ROC are a few exploration companies, over the last 10 yrs that have made it into profitable production. Have a look at the ride. None of them are priced at the same level as when they had exploration success. Thats the stock market, overprices potential. Use what good oil and myself have taught you, and get the signal when its a good time to enter and leave the building....... WE are not saying its a no good company, just dont get court up in hype, and always look outside the square....