Yeah Captain, I agree that you could tell past drill resulrt by share movements prior to announcements on both drills last year but disagree it's happening at the moment as the volumes are not there and the size of the trades isnot there. You would remmember Carbine was getting smashed before the announcement was released, we are seeing nothing like that, all we are seeing is a few nervous nellies bailing out and the slack being taken up by others. WPL are keeping thing very hush hush.
A step out is a low risk play and it's not a case of finding oil, it's a case of seeing how much oil is there.
I must confess I havn't been "speccing" oil as long as you, as the teacher wouldn't allow us to take positions in oilers in 4th grade, but we were allowed to by supa doopas and choo choo bars :-) LOL.
HDR
hardman resources limited
HDR - Reservoir ???????????, page-6
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