COE 0.00% 18.5¢ cooper energy limited

Ronstieb,Yeah, I"ve hardly been able to believe they got Seruway...

  1. 13,971 Posts.
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    Ronstieb,

    Yeah, I"ve hardly been able to believe they got Seruway so cheap. Permit looked to be riddled with potential, and this area is prolific, unlike the Great Australian Dustbowl that so many juniors are ploughing shareholders funds into. Or the overexplored discards the locals don't want in the USA.

    I"ll be holding all through Kurnia, looking beyond it to Seruway, unless of course COE does a ZaneGrey on Kurnia, in which case I"ll consider a part dump and buyback lower, but that would be up in the 150 plus range on ambiguous drilling reports.

    Could look to buy a few more on further weakness. Regardless, much as I like it, as a junior it has a small position in my portfolio.

    EL
 
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