one of the most undervalued oil play, page-6

VIL has become yet another victim of DTers. Too many traders on VIL thread spreading hype with irresponsible comments. Over the weekend I saw many screaming VIL will go to 20c & only saw them posting im out today. Should see interest pick up again closer to flowrate results, as of now traders will look for new BESBS plays with their profits.

well good for us, today seems to be only Day1 of DTers entering, long way to go yet. As PLM stated, 29.5c should be the initial target (same as last time) . Considering we still have 2 weeks left, maybe there's plenty of time left to march higher? who knows, but at least i know we'v got enough dough in the bank & we wont experience the same kind of stuff up VIL made in their pre-spudding rally.

Further on, there's a gap at 53c (which gives MC of 92ml less 25ml cash = EV of 67ml). Looks a bit of stretch though, but worth keeping in mind