20c short term, page-508

ahah none of your pedantic points stack up.. Here are my words:

1) farm in is 2-3 months off minimum most likely 5-6. No one has the idle hands to go into a data room, as per announcements - divisions were laid off when O&G crashed.. people have requested extensions.. many haven't even entered the data room yet. No farm in is going to be signed by management when other potential partners haven't even looked at it yet.
2) farm in will have to be at a discount - 100% it'll be closer to the CR price. This stock traded at 1c for 3 years after their last DUSTER until the CVN hype.... CVn hype is waning and WE AREN'T EVEN IN THE SAME BASIN
3) Drilling is 2 years away..., momentum has fallen away.. we failed to breech 10c 3 times..and all up surges are now getting sold into. I will reassess at 4-5c.. why? when farm in will be lower.. well I feel speculators like you will get itchy fingers at this price and will push it back to 7c .. I will sell before the farm in deal.. Then buy again lower - close to 3-4 and hold for the long term.

Good luck. but you better believe there are only so many days people are going to wait for a farm in...and when it comes it is likely to be a buy on rumour sell, on fact.

And yes, I do like this stock..but I like protecting my capital a lot more than some overzealous hype.