share tips from investors chronicle, page-2

A bit more digging lead me here http://www.iii.co.uk/investment/detail/?display=discussion&code=cotn%3ALRL.L&thread=10191433&it=le&action=list

From someone who has seen the tip -



"Basically if they discover 1.0TCF it could be worth 11p a share and a 3.8TCF find could be worth as much as 46p a share. Chance of success 1 in 6 but not un reasonable. Risk reward for the first well is too compelling to ignore. Hence speculative buy. They offer exciting upside over short term. "




Numbers that could make you smile. Using a pe of 10 that would put the share price anywhere from $1.70 to $7.10.
By my calculations anyway.

DYOR

Oscar