!!!!!!!!!stop with all the emotion!!!!!! Get the brains into gear again guys, stop thinking with your hearts and wallets.
1. They (NEO) are drilling close to their neighbours, why would they blow their load and then have the enemy come in and say "Thanks for spending the two or three million exploring mate, we will just sink a hole and start sucking up the gas/oil ourselves" The resource knows no boundry and will flow to release pressure.
2. Nuenco are not the operator, there is only so much they can do as a 'minor' partner, the operator would quite happily announce nothing at all, just do all the due diligence, drilling, testing etc, then suck up every scrap of gas/oil they can then tell everyone of the bonanza to protect it from corporate poachers.
3. Has anyone actually studied the trading, not on the charts, (no disrespect intended) but who is selling and who is buying?
You may discover that close to 85% of the sellers are through discount brokerages and that 70% of the buyers are not?? Go figure?
A strategy of increasing popularity among those who want to accummulate large holdings is to sell themselves into it. Sell down, trigger the stops that many DT's (and others) have, and buy back in larger volumes, especially when there is something to trigger activity.
4. They have not yet bothered with the further depth drilling, the sceptics will say, "that's because there is f**k all there", but they cannot lie in their announcements, if there was f**k all there, they would have to say that.
So a reasonible assumption is that the quick bucks are in the gas close to the surface, deal with that and then start to move on the deeper targets that we know are identified.
I can make other cases but wont bore you.
If the SP is not increasing solidly by Monday April 18 by which time the first test results will (should) be out, I will resign by nic and wave goodbye.
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