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08/12/07
14:13
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well done mate,what i did a little while ago was make a
list of all the oilers from the specs up to $2.00 looking
for value as i already had some inp,so i got onto stu not
just because they are next to inp,but the parameters all
came together for me,they were under $1.00 (0.930),paid a
divvie,drilling & had great potential so grabbed them at
0.930 believing they were a good punt whilist drilling,
doubled up on my initial holdings with 66% of it free carry
profits from elsewhere,watched them smoke it up onto $1.350
i think,decided to go long term so held onto them &
recently doubled up again with an average now of 0.940
which at current support levels is quite ok,i see them
this year heading on well over the $2.00 mark,i see the
best buying time is now when there is a slight retrace
just buy & hold with this one,looks like a solid 2008
to come...
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