Was this the announcement I was hoping for??.NO!!!!
No indication of flow rates,no indication if we have some oil coming out of the choke.I am not an expert,so all I am going on,is how results of Bakken have been reported.And yes,yes,yes,I know this is not Bakken.
You guys can put all the positive spin you like on this..but the word "OIL" wasn't even mentioned in the announcement.We do have the words "Production Operations",which does indicate there must be something under the ground that has a dollar value."Pump",indicates its not flowing,what ever it is.
If this well was flowing buckets of oil....then we would know about it.imo
So I am disappointed,and as said,have sold down some of my holdings.My entry price for many of my shares was at 2.9c to 3.3c,so still a good profit.
Will still be holding all my options hoping,preying...I have interpreted this announcement wrong.Any announcement that leaves more questions than answers suggests to me ????.Terry may be hoping and preying also????
Lets see how the Yanks re-act tonight.I can always buy back in.All my opinion!!!!!!!!!!!!.
SSN Price at posting:
10.0¢ Sentiment: Hold Disclosure: Held
