Umm -- HC rumours of some sort of 'pressure blow out' (does anyone really know ??) from a well that is testing in an area known for fine sands (witness PD1 issues, which in my book mean porous ground) & a well near by, PD1, that free flowed light oil -- umm what do you think maybe down there in that fine sand to cause a pressure blow out ?
If I am a fool I will soon be parted from some of my $ but I'm not going any where just now on 'rumours' like that :-) & NEN isn't a 1 trick pony
The only thing that makes me suspect is low price for CR @ 30c & management is not buying.
We will know soon enough but if it's bad news it's not the end of the game.
NEN Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held
