tom111 nice strategy if you can pull it off and its something IIs and some PIs do. Be careful mentioning it on here tho as you may get abused like i did a few weeks back. Not many understand the concept of averaging down and de-risking.
Ok not the barnstorming Rocket to the moon kinda day but still not a bad start to the week and Mr 3.9p would like to see himself in profit in the not too distant future. :-)
https://www.share-talk.com/malcys-blog-oil-price-jog-igas-longboat-advance-president-finally/#gs.bzpacn I am exceedingly excited about the arrival of Advance and looking at the numbers for Buffalo I find it difficult to think of it as anything less than a very real chance of making proper money. Given that RISC Advisory has estimated that the well has an 85% probability of confirming a development, including a 95% chance of technical success I’m trying to see the downside in investing right now.