Today's price action is a godsend in my opinion. At this price of cirac 6.5c, there is absloutely no temptation for me to sell stock. The traders have my decision easy and holding will prove to be the best wealth creation strategy. For those that sold around 7c, you "traded" well but it's a lottery isn't it? I'd rather hold and wait for this to unfold and boy, it's easy holding when you know the first zone is commercial.
The company presentation forecast potential of 7.4M bbls of oil and 24.2 BCF of gas. Now, I think you throw those estimates out the window.
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