look far ahead

I bought some more yesterday. The drop is more from the anger of long term investors like me tempted to sell out of disgust (but held back out at last minute) at the risk ME has taken and his cone of silence.

A 48% drop is exagerated and overdone and a rebound by 50% is definitely possible. Our core asset is Senegal not Kora! If Gambia hits oil, we will make a decent return. I note that there is now massive interest in the stock from buyers and sellers (where have they been hiding!) so the stock is popular.

One lesson, me a novice, has learnt that if it smells like a crash, feels like a crash than it will hurt like one. This stock had been dropping steadily before the spud so I should have seen it coming. Next time, hopefully I'll learn