i dont see what all the panic is about..if anything the price of EPE has held rather well.after all the DST was only carried out in the upper most region of the hutton sandstone.i would assume that if there wasnt any potentail of any oil further down they wouldnt waste the money drilling down to there..yet they are still drilling,and getting fluorescences at the currant depth,which about 100m further down the well from where the DST#1 was carried out
as can be seen from todays price action it looks like it's been the panic mechants that have lost out...it will interesting to see over the next day or so if there are any director notices released...going from previous gaugings,directors notices are generally released about 3 days after the event.again will be interesting to see if the directors were doing any buying or seling late last week...cheers.....the real stelep7
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