CTP
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0.00% 5.3¢ central petroleum limited

no drilling rig available

  1. postlapsarian
    1,705 Posts.
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    06/10/09
    20:46
    Post #: 5740376
    During a phone call to JH two weeks ago he said that they 'hope to start in Q4'. As Q4 can mean December 31st, I am not expecting drilling to commence this year, as these things are -never- on time.
    However the market is unpredictable and stocks can run on absolutely nothing. Even if we don't drill until next year I'm not going to sell out.. the risk of missing the boat isn't worth a couple grand here and there.
    CTP Price at posting: 17.6¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 15  Upvote
    lightbulb Created with Sketch.  Great analysis
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