wl reserves released, page-19

Someone's putting a heap of pressure on the SELL column for one simple reason IMHO... to scare a few people into offloading their holdings. Sorry guys, you aint getting your hands on mine. I've been a holder for many years and bought another fairly sizable parcel at .03c. Nice try though.

Based on announcements over the past 4 weeks, there is no reason to be selling at this juncture, except of course for those looking to lock in profits, which is fair enough. Bar anything going pear-shaped (touch wood) there's only upsides from here on in IMO. Although it will be a long time til fruition, I thought the WLA reserves audit result was fantastic news for the company. Add this to the fact that Galoc II drilling is going great guns so far and most importantly to plan. This was confirmed again in the BRR interview with Phil a day or so ago. As some have pointed out, we are not far off TD in Galoc II. If things progress according to plan and oil is flowing by November, then positive sp movements are very likely to continue IMHO.

Hopefully some news re the start of the Lundin drilling will also result in a positive sp movement.

I agree Oz, some more details regarding SC63 would be nice. Surely some new or updated info has come to light since the announcement a few months back. Holders have clearly liked the increase in management updates but lets keep them coming.

Should be an exciting period over the next few months.