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MEO freaked people out and that combined with folks who were just hanging in to try and extract max $ before results came in giving up and cashing out caused the drop IMO - still a 70/30 IMO 70% chance of hitting hydrocarbons and shooting to $2+ 30% chance of finding SFA and dropping to 3 cents...

Not if it gets sunnier......on the other side if it starts ********* down they look really really smart

No definatly not over - drilling results could see this still double..... I was just commenting that the recent bull run had hit a dip before drilling results as profit takers and nervous types make hay whilst the sun shines.

Looks like some enthusiasm has waned and the nervous types and profit takers are selling abit - down from $1.13 to $0.95 Still a damn good get for those in under 50 when this 1st popped up.

Man I miss Dazz

Holding Pattern Looks like this ones in a holding pattern now until the result of the dice roll comes in - floating around $0.60 for a couple of weeks. Man I hate waiting.

Strategy Pity I stumbled on this thread so late :( a strategy I often apply with speculatives is when/if they double I sell half my holding - made my initial investment back and happy to ride out what may come knowing I'm no worse off if it all falls apart. Worked well with HFA when they...