I see the Bollinger Bands on this have almost merged.
Basically the sellers are now drying up.
IMHO ... when cash backing is over 6c (by all accounts) and a ??? drilling announcement must be close ... probably for 2011, the blow off valve will most likely, on a percentage play, be upwards.
Seems one of the most simple of investements around at this moment. 4.3c today ... let's reconsider the sp in a week, a month and three months.
Regards
OIP Price at posting:
4.3¢ Sentiment: LT Buy Disclosure: Held