New Link?7 Aug 2009 14:41
Find a link below,
http://www.stockhouse.com/Bullboards/SymbolList.aspx?sv=1&s=IFR&t=LIST&f=1&l=25&c=0&r=0
The IFR [Venture Canada] are a lot more cautious about Bowmore, maybe they are worried that with only $ 10mil CAD in the bank it will all get used up on this well, they know that it needs to find or they will be a poorly little minnow with just their Arctic Gas interests a long way in the future - they look pretty good by the way - but the pipeline might take a few years. I sure hope for all those worried folks who are selling out of IFR in a panic that Bowmore turns out as good as it could be, they just can't get their SP out of that 10c / 6p range. Certainly SE. is doing real well having risen about 5p in the last couple of months but it may be getting too pricey for some folks to take a punt so we will have to wait and see what happens in a few weeks time, either way it looks to me like IFR might be a low cost way into this play, always some risk of course. Those guys on Investor Village [Oiljack et al] seem be to banging on about this link between Bowmore&Bugle, sure they are right next door but there cannot be any insider info knocking around on a BB.. course it is true that Art Mullholland of Oilexco tried to get the IFR 5% in Bowmore to reduce the well costs for poor old IFR, and they did find that 400' of pay over at Bugle??? It's all a bit confusing, but I reckon I will hold my SE. to see what happens, the future looks good for