Re: UNDER ATTACK
posted on
Jul 09, 2008 06:58AM
Identify, Focus, Develop.
Barrhead,
I have nowhere suggested that I think there is no oil in the Aguathuna, nor would I presume to advise SPE.
You write: 'I am not certain where these three how they gleaned the information that there was probably no oil in the Aguathuna from and possibly who told them.' I have not gleaned any such information, but that statement is worrying because it sounds as though you have.
I have, along with other posters, been forced by this downward trend of the share price, and the news released by CIVC themselves that they are drilling on past the Aguathuna to take this possibility into account. I have also been aware through my own research that Stockmal, Waldron and Slingsby suggested an alternative route for the line of the Roundhead Thrust. Several news releases by CIVC seem to have refuted the Stockmal et al's theory and I was highly encouraged by those releases, as I have said in past posts on this board.
I have no reason to believe that there is no probably no oil in the Aguathuna, and as I made clear in my last post, I am sure that SPE have very good reasons to continue drilling. I just hope that their efforts are rewarded by the kind of oil strike we have all been waiting for and that the paper loss I have so far incurred is quickly wiped out and turned into profit by their next NR.
Regards
Dunnock