It’s great news that Neon has finally announced the drilling...

It’s great news that Neon has finally announced the drilling dates for both blocks 105, and 120 in Vietnam.

There is so much speculation in regards to where the share price is going.
Maybe sometime in late June, block 105 will have the rig in place and ready to drill.

Between now and then the company’s share price will be a traders dream. How to create wealth and influence the market by the firms holding 12 million plus shares at their disposal.

There is little reason to lift the share price too high at the moment. Think about it! If you had 12 million shares on hand, what a great opportunity to trade this stock with 99% confidence that you will make money and lots of it, by just selling into the hype and buying back at support.

For example, put your big buy orders in at 0.23 to 0.235 and sell at 0.26 to 0.275 cents, every time more buyers enter the market. When you are talking of trading 500,000 shares within a few days, turning massive profits, i.e. 500,000 shares X 0.015 to 0.02 cents = $7500 to $10,000.

In statistics we call this the confidence Interval. We are 99% confident that we can turn a profit between $7500 and $10,000 dollars every week leading up to the drilling stage.

We have little reason to push the share price too high, because statistically the company’s value today is the same tomorrow. We have little evidence that any flow of gas will occur now, tomorrow or next week or even next month.

Dreams of much higher share prices will only occur upon the announcement of gas shows during the drilling of block 105. At this point in time, is when reality catches up with the Dream? Traders, investors and large fund managers ears will be ringing with “ITS TIME” This is the first stage.

Second stage is the testing of the well. This will determine how far the share price will go, on any commercial find of gas.

Good Luck