take care buying above 10cents, page-11

Yes it is risk reward, and I like sandy's posts but most of us who are investing in companies like GGX know the odds, risks and if oil was easy to find it would not be $118 us boo. What I like about GGX is like many others is the onshore position of its drilling prospects and the comparitive pricing of drilling a well to drilling offshore.
If it is a duster its all part of the search for black gold
and one a speculative investor must factor in. After watching the boards there has not been the huge buys but it seems a fair few taking 20 to 50 thou positions which is quite prudent as the calculations if kate flows are pretty right 60 cents plus compared to 6 cent on a duster.

But then thats why a lot invest in companies like GGX the upside is huge the risk is there a factor which all investors know who play in the oil spec sandpit. As really I can't see many newbies buying
in (a hell of a way to learn) so in a way warnings are pretty pointless as who are they pointing out the risk too.