If you are trading or speculating nothing affects the sp except success or failure with the drill bit, which can be played in either direction.
If you are playing the medium to long game Community perception/sentiment and the likely acceptance and therefore adoption of Natural gas in Global pollution strategies is very relevant.
The Mongolian Government was concerned with the air quality of its Cities way back in 2004 when Storm Cat were poking holes around the place, unfortunately nothing was done about it then due to insufficient infrastructurebeing in place. Times have changed, sentiment has changed, all of it goes in Elixirs favour, or the future buyer/s of Elixir.
EXR Price at posting:
28.0¢ Sentiment: Buy Disclosure: Held
