junior oilers 21/22 december, page-2

  1. 1,781 Posts.
    lightbulb Created with Sketch. 1
    J,

    Thanks again for that overview of the oilers.

    It does seem a little unusual for those near spudding not to be moving up or at least larger accumulation to be occuring.

    Diversionary factors like gold stocks (which may suffer a loss of interest by fickle punters after POG dipped) and the holiday season may have reduced interest in NWE, but the the 25 million shares issued at 8 cents were always likely to keep the punters away from the market at this time.

    Perhaps an advantage for those intending to hang on is that the stock is less likely to really crash on any bad news during drilling.

    lrj.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.