Re: this morning
in response to
by
posted on
Feb 11, 2010 09:22PM
Developing large acreage positions of unconventional and conventional oil and gas resources
Well for me that couple of cents swing equates into several thousand dollars since I bought a lot of shares that were down low this past month or two -- ALSO Petrohunter only went up .0089 -- BUT --- that is a 34% increase and since they are tied to Beetaloo -- and they had over 3.4 million shares traded today when they normally only have 345,000 shares on average traded per day for the past 90 days -- shows me that something is up. I know it isn't hard to get excited when a stock goes from 2.9cents to 3.7 cents -- but the volume is what is getting me to take notice. When you take 5.4 million for CA:FO and 3.4 million for PHUN, we have about 8.8 million in volume trading on this one day that are basically for the same development projects.
Whether it is MAKO or BEETALOO -- it still seems that people know something and the big money is starting to move around.