Today is a turning point for the company. Great to finally have the rig on site. Turnover whilst not enormous was probably the highest in two months and more importantly driven by buyers wanting to get in. A great change after weeks of the SP being pushed down. The sell side is very thin with less than one million for sale up to 13.5 cents.
Tomorrows open might be fun, after todays strong finish. A lot of minnows kicked a bit today. There seems to be some renewed confidence that the Europeans may be able to prevent a financial diaster. Good timing for CEL if finacial conditions improve. An October recovery instead of an October Crash will be hugely positive for CEL.
Saltbus.
PS. Gas is $3.48, which is nearly as low as anytime in the last 10 years that I have been following it.
close to half a mile of gas, page-51
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