Oil and gas prospecting is a risky game, big risks vs big rewards. Under 10c without good news this week, up to/over 20c on very good news No point going into all the reasons why, I think we all know them by now.
But, just one point to make, what level they are drilling at is whats important. One of the min concerns I have on drills like this, is the emphasis people place on a significant announcement, each and every day. It doesn't matter if one is made or not today, if they are still drilling towards the target, then a bit of patience should prevail, it's the main zones people should be focusing on.
Cheers, Wilson
GDN Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held