cnooc on buying shale gas assets, page-7

dc1234
I am also new this stock.
I'm curious as to what is supporting the price at this point of time. Is it the potential of the:-
oil,
CSG, or
Shale gas?
While the easy answer is the sum of all three, the shrewd investors will see one as the driver.
At the moment I see the price in a delicate state of equilibrium at 16c. Eventually it will tip one way or the other, possibly as a result of market sentiment in one of those three areas.
Just thinking aloud
Cheers.