haha. maybe the oil he is smelling is under his finger nails. i would expect a bigger jump than to 37c if decent oil recovery is discovered. My take on the trading is that IO has probably influenced a few people buying stock on the TSX, but it hasnt trickled through to the ASX.
20% gains from a low base of 31c is nothing really. this should fly into the mid 40's if we get good results from the current campaign.
Drilling and testing in exciting parts of the world. A proven management team.
SXA Price at posting:
31.5¢ Sentiment: LT Buy Disclosure: Held