I don't know if I'm a sucker for punishment or what but I got burnt big time on the GDN oppies last year after Management decided to stop moving ahead on the well. GDNO is a very similar case to VILO, they had only a few months until expiry and the oppies were climbing nicely...I think I went from about 4K to 20K in a matter of days (should of pulled out). Anyway, no one expected that at the last minute a decision by Management would be made to stop drilling.
I am hoping for a much better outcome from VILO which is still a high risk play. Caution to all others in on VILO..you could make a motza or lose everything...best to take some profit if a they start to take off next week...which it looks like they will.
Good Luck All.
VIL Price at posting:
4.5¢ Sentiment: Hold Disclosure: Held
