I was reading a thread on QPN, they went into a trading halt and were to report on the drilling results of a well. The shares were trading at 1.5 cents and people were talking about cracking open Champagne, Cognac, Grange etc etc, some were talking about multi baggers, others talking about retirement. A lot of backslapping going on.
The well results were released yesterday, needless to say there was nothing down the well. Shares fell 60%.
My point is, there is no use speculating. We have no idea until the announcement is released. Half the time the announcments are whipped up without real thought as to the use of the words and placement of words. Therefore, contrary to my comment, I have no idea and it is a waste of time trying to deciepher the announcement.
ISF Price at posting:
5.2¢ Sentiment: Hold Disclosure: Held
