IT ANT OVER TILL THE FAT LADY(PERSON) SINGS
In my opinion we saw the result of an announcement of the farmin and the market was glad (sp up).
Realization that there were some outstanding issues to be resolved and final signature waits approval brought the market down along with the falling gas price.
Everyone needed to review the agreement, thus the back and forth of the market, along with panic selling.
What do we need?
- Final approval of all issues related to farmin agreement
- Final release to start rig planning and start process of getting ready to drill
- Stable gas market
We are still buying at this point and expect a sharp price increase once the above task is complete.
P.S. anyone wants to lend us money to buy more???? . We have a secure return on investment (MEO)
Almost tapped out and topped up.
Bob and Sandy
KAR MEO
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