"Not sure why the helium announcement would be considered price sensitive, but the price did go up, so what do I know."
I don't know why you would consider it not to be price sensitive. It shows another major potential income stream for CTP, which is good news. It indicates assets that have major value to the company.
Also, by being diverse and not doing only what BG wants CTP should help insulate itself from hostile takeover. Hopefully CTP can get a partner as big as BG interested in the oil, and another interested in Helium. Then if any wants to take over they have to fight with the other two groups.
Early hostile takeover is one the biggest threats to us little-fish shareholders, and the more CTP can insulate us from that the better, IMO.
CTP Price at posting:
9.5¢ Sentiment: LT Buy Disclosure: Held
