Maybe just boredom, waiting for permission to drill against a...

Maybe just boredom, waiting for permission to drill against a backdrop of poor markets.......

Being a bit of a stock watcher my 2 cents worth, if you want to play this Creasy/AZS nearology game, are:

1) Take a shot gun approach and a pozzie in all players, Raiders of the Lost Stock, Artur's anus (once used by dave full o gas) , Error wozzer here, NoGo on the sauces and Been Greek Dining. Rational can't get too smart regarding trends and distance from fertile granite margins, outcrop on surface etc........too many variables.

BUT

2) Buy after the bun rush.......the bored players sell out as the interminable wait for the permission to drill and contractor mobilisation becomes interminable and all those other stocks can't be chased because money is stuck in this suckky Li stock without even a drill hole, My guess is buy sometime in the next 2-3 weeks.
3) Wait patiently it now won't be interminable
4) Sell 50-70% on announcement of commencement of drilling, ( keep a toe in the water, but ditch >50%)
5) A bit after announcement of first drill results ( unless one of these nearology boys hits big straight out of the gate which is a buy with both hands scenario) buy back in. Rationale - most likely first results will either be duds or skinny hits. Second or third round results will zero onto the goods.

IMO
Buy Levels GRE ~ 0.32 Sell 0.55 on announcement to drill.

Sentiment (category not available): Watchin