breaking out, page-6

After a few days of weakness strength has returned.

This stock is not without risk. Hence the price is as low as it is. But the upside, if the shale story unfolds in the positive manner that it should with systematic science/technology, is tremendous.

But I always keep an eye on the potential downside, because the pain of losing money is worse than the joy of making it.

So, worst case scenario in my mind, if the shale does not work, then you still have this block on the western flank that is ripe for 3D seismic and contentional oil drilling. SXY success rate on the western flank for conventional oil is 40%. So worst case scenario in my mind, and one which I dont think is likely, is AQO getting taken out at about 20c per share for its conventional oil resources.