cne, page-79

Oligarch, the question you should be asking is: Why is the smart money moving in?
Consider this. If there was a leak, do you think that sophisticated investors and instos would advertise it by making it so obvious? IMO investing thru FAR is the best way to counteract any claims of leaks. The response to the ASX should have made this clear - put the onus on CNE as they are the ones responsible for the information released. Unless one can prove FAR management has definitely had a transfer of information, nothing can be proven in regards to information being leaked. Consider this situation for a moment: The last news on was made on the 27th August. The SP hit 6 cents and then retraced to 4.9 cents. Why? Ta yes but if it was so damn obvious that there was find shouldn't it have kept rising. Some might then counteract by saying, "we'll you know, it does take some time for the market to get this exciting news". Keeping in mind that most major investors not occupied with other explorers in the O&G sector are watching FAR due to the pioneering work in senegal, we also find out that one of the major buyers was involved in sustained buying in FAR in the absence of any further news in the public forum from 6 c onward, when there was an opportunity to buy at 4.9 c onwards. Then, in an unprecedented move, post on HC to explain his motives. HUH.
further, from an operational perspective, take into account JP's valuable perspective and it is a no brainer. IMO the only issue is to what extent this find is: Is current SP ultimately fair value or the SP is is going to be worth much more.