Re: 05/999
in response to
by
posted on
Jul 23, 2008 11:13AM
Identify, Focus, Develop.
I very much agree. I can't beleive that there are this many people selling at .05 or .045. Its obvious that the bottom is .05 it has been holding steady there since monday afternoon. I know that this stock doesn't have the same appeal to many as it once did, but it still has potential. I mean lets be honest for every person dumping there shares right now in this time of crisis, there is always someone there buying them up. I think many people are averaging down.
The west coast of Newfoundland could still have something major to offer. The oil within the shale in this hole could very well be our saving grace. Everyone abandoned this stock very because the bottom was dry.....I would love with all my heart to see there be econically recoverable oil within the shale and lots of it.....just to shove it in the faces of all the people who bailed when the going got tough. Also for Steve Millan..who I know has been taking a beating over this dry hole over the last few days.....I can guarantee that no one felt any worst then he did this past monday afternoon.
I'm holding what I have definitely not selling unless I feel there is no other choice. Maybe will even try and average down, current average is .12 cents.
Good luck to all, we need a couple of good news releases. Lets try and keep this board upbeat and positive. I know that its tough right now people are getting irritated quicker. Hopfully everyone will bring positive news and opinions to the board.
Regards,