CIG caspian oil & gas limited

Well well LOL the drill rig should be close to depths of 1st...

  1. 616 Posts.
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    Well well LOL the drill rig should be close to depths of 1st target. I hope the volumes and trading of stock is no indication of what is expected to come.


    I hope news is tomorrow morning before open!!!


    Im a bit worried after today i have never seen so many shares sit on selling depths ever for this stock and today was ludicrous the amount of ppl or person wishing to sell down their holding so close to pending news of oil drilling


    Worst case scenario they find no oil but they will drill on to 1000m to look for hydrocarbon indication to drill further down looking for more gas so i say this stock has atleast 2 more weeks of periodic information regarding this drill campaign.


    1.5c SPP is really driving this down no real buyers are willing to step up and it could possibly hit 1.5c before trying to head north but who knows! maybe we get some deserved good news tomorrow



    Question:

    If share price is at 1.5 - 1.6c for next two weeks

    would anyone risk participating in the SPP for 1.5c?



    Oi and Gas cross my fingers and legs

 
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