dont want this to happen, page-2

Hi gann45,

Thanks for your technical comments regarding Oilex again.

You do provide the guys who trade stocks on a technical basis with some food for thought.

You may be right or you may be wrong with your comments regarding OEX hitting 50c if 84c support level is broken.

Investors who are like myself, that have loaded up in Oilex because of the fundamentals will sit and wait it out. Its an investment that has to be looked at with patience. Oilex are at the peak of their drilling campaigns and any positive news could get this stock up 30%-40% in one day.

Im not selling one share and will in fact buy more if it heads lower than my lowest purchase price of 85c which was not long ago.

I believe by Xmas Oilex valuation by Hartley's and Jefferies in the UK who will have a report out soon will be closer to $5 and today's SP will look like a joke.

Next couple of weeks might just back up my thoughts.

Cheers gann45