This post from GG's site by mike_mac.
Interesting point 4 though...
1. Surely there is a price sensitive event and they believe that the information would get out and hence had to call a halt. The call from maximus was bang on and hence an information leak, What happened to the tight hole then?????
2. They hit high pressure and had a blow back and have got the drill string stuck. High pressure is a good sign but a stuck drill string they can't unstick requires an expensive side track
3. They are in Trident and they have good oil shows. please, please, please
4. Conspiracy theory: They had some oil shows and Tangiers wanted a tactical information leak so they had to update the market, the market goes wild, SP shoots up and they do a tactical RMP style placing to secure the future. 5. Some other key problem with the drilling which has caused a major delay.
TPT Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held