My first HotCopper post. The 88Energy posts can be entertaining. I think I've read them all for weeks now. The posts haven't really influenced my investment decisions. The recent SP drop, well, I think every holder is hurt, myself included. However, this is most definitely a long term hold and without doubt, a high risk but possibly a high return investment ..we hope. I think I invested in the people (Wall and Basinski) behind the Icewine projects as much as the exciting potential. I believe there are immediate plans to drill two more wells twenty-five miles to the west in early Spring. I'm sure there will be many more too, dependent on funding and whether economically viable. To put it into perspective, BP have spent over fifty years developing Alaska's oil and gas resources. In 2016 it averages 281,000 barrels of oil equivalent each day. BP also owns interest in seven other North Slope oil fields. I think whether you bought in at 0.6c or 6c, it will be irrelevant if the company is successful and success could come in different forms.. Oil flow/larger companies showing interest. Just my opinion, just a humble investor. Be patient. Good luck to all.
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My first HotCopper post. The 88Energy posts can be entertaining....
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