daytrade diaries... august 28, page-73

  1. 14,981 Posts.
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    DLS found oil and elevated gas readings!!
    Surprised no one has mentioned this. As below:

    Oil shows were encountered within the Birkhead Formation with up to 70% fluorescence over a 12m interval. Elevated gas readings up to C5 were also encountered over several zones.

    The Birkhead Formation is productive in the Growler Oilfield located 25km to the northeast of Marino-1. The
    significance of these oil shows will be determined with wireline logs and possible testing after drilling is
    completed over the weekend.

    So a lovely rise form the 7's when I mentioned a few times yesterday.

    Should results be favourable from testing, perhaps announcement monday morning, then it's going to be game on and back into the teens...

    Phew!

    On another note, I bought a whole heap of EMS around 3c over the last month or more, thinking it was my long term holding, now sitting at 4.9c which in itself is amazing, as it never moves! What the...

    Cheers,
    Wilson
 
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