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Message: Re: Strong pre bid action again
3
Jun 05, 2012 09:25AM
3
Jun 05, 2012 12:43PM

My impression of the market is that risk capital is rare these days but good investment capital is strong. Look at AOI when they hit. Anyone that took quick profits lost huge upside. If we hit at Jaguar and negotiate a good deal for Eagle Deep, we will keep climbing as we will then have a for sure 300M barrels of oil at Jaguar and Eagle Deep will be majorly de-risked. Remember when Zaedyus hit, some 500 miles away, we gapped up big and ran all day. Jaguar is a stone's throw away from Eagle Deep comparatively. If the market only gives us $3 after a good hit on Jaguar, my recommendation would be to buy all you can.

G.

2
Jun 07, 2012 11:46AM
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