CTP 4.17% 5.0¢ central petroleum limited

Thanks again Sav-j on your excellent input and knowledge of the...

  1. 3,027 Posts.
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    Thanks again Sav-j on your excellent input and knowledge of the drillings chances.

    Obviously most players today are gamblers with really not much knowledge or understanding about the risks involved(including myself) but at least we have the excellent well thought out advice from you and a few other resident "geologists and ANALYSTS".
    Just using the knowledge of an area's ancient history is just not good enough. The technology of seismics observations as shown in CTP last 3 drillinge just showed what mostly was expected- huge CBM layerings that did indeed run for in excess of 100 kilometres and very thick. BUT these types of records definately do not show OIL.

    As you said its still a wildcat and a 10% chance at Johnstone being a winner. However if we drill any of the targets and strike as you said the news certainly would propel the company into dollar($) values simply because as most of us know CTP has the CBM and He to supplement future expansion and growth. Yes, bring on any drillings as long as they show us the black liquid Gold.

    Thanks again for keeping us so well informed.
    Good luck Sav-J with you predictions and investments.
 
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