poe view

positive message from stockhouse bullitin board.

We are just emerging from what has turned out to be close to a two month period where we only had one rig available to us. One well is drilling a reliable development well which will have a very good result. The other well is going to test other volcanic horizons at NSE by essentially twinning POE-9. I'd rate the chances of them discovering oil in at least one other zone at very high, and am quite optimistic for more than that.
Furthermore, there are going to be whole series of development wells drilled in succession as soon as they get their approvals, expected in the next five weeks, right around the time these first two wells are finishing up.

So here we are in the best position we have been in for quite some time, drilling development wells and exploration wells into zones immediately below the development zones, with the stock price back into a solid buying range. To me this is the time to buy more if you can.