Auction...24 Jan 2010 13:36
would be expected even if there is an RNS before/by 7am Monday, the MM's don't have a clue where this SP is going and [I am pretty sure] are not holding a large float of stock. They are slowing the whole process down by matching buys/sells and freezing sells until yhey can set a price. It will not dramatically affect small transactions, it's really a question of how many big buy's or sells are sitting waiting to be filled. Took Saturday off for the Family, a day for them but will be through all the rounds of research through Sunday. The action here is all based on rumour out of a BB in Canada, I just don't know if this is truth, inside knowledge or conserted manipulation. Though the "Maz12" post is clear, two or three other posters have been supporting/intimating that there is a good result out of this well. The problem here is that they did that with Bowmore too, I KNOW that some of that information was just plain wrong/innaccurate, so this becomes the acid-test for me if Oiljack/GS/jwallisca et al are truthful or just riding the waves on this share. To mitigate, there is the simple fact that ~monday, we have been on this well 110days against AFE for 80 days, given tight funding for 2 of the companies here[don't think KUFPEC, Kuwait are watching the pennies] there has to be a reason. I would also say the complete lack of any RNS, I have posted the potential excuses earlier, speaks volumes. I am writting this before I have looked on Stratic or TDW so there could be one there, if not, it points. I have invested about 18 months of research on this outfit, so I am not emotionally detached, for those of you here to make a return, I would suggest that you do just that as there are no certainties in this stock as things stand. I hope all have a benefitial stay whilst they are with this stock, and luck to those who [have/may] stay for the ride, it could be rocky, has been in the past.
GLA, IMHO/DYOR - Geo