Interesting points gentlemen,
A friend of mine lives close to Louisiana and is quite familiar with Pryme Oil and Gas.
Needless to say he was very bullish on the stock and suggested that it is actually being scouted as a hostile take over target. He suggested the major reason for the current depleted share price was due to the conservative nature of the stock. Bigger risk takers seem to be attracting higher growth at the moment even if only short term.
As you pointed out Mr Knight the price of energy is rising and Oil stocks in the USA are gaining a lot of interest.
I wouldn't be surprised to the stock move skywards over the next week or two. Supply and demand will demand the SP rise. Alex
"Of all the Basic Applied Economic Principles of Capitalism in the Post-Industrial Era Seminars in the world, you had to walk into mine"
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