WGP westralian gas and power limited

Very sad story KB. Yes at times you do get over excited and tend...

  1. 129 Posts.
    Very sad story KB. Yes at times you do get over excited and tend to make statements that get you into hot water and not just on Hot Copper. I don't understand why you would sell out. A stock like WGP may surge at a drop of the hat or may not, thats why they are called spec shares. The facts are WGP is a small startup but I believe the company has enormous potential and are intelligently developing this business. By accessing income via kentucky they should be able to pay for their future exploration of the West Coast leases without having to issue more shares. If they hit large on a well in Kentucky then ye hah. The people involved with the running of the company are all seasoned professionals and have many contacts. The BP and Rio facter is a future potential as well - seems to be a lot of news out and about lately regarding CO2. The fact remains they have a small market cap and it won't take much to double this on some good strikes in Kentucky. No real surge will occur until flows are firmed up - they are a good buy at current price.
 
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