spuds ugandan well target 100 million barrels , page-23

I agree with sentiments expressed by Bradlyjv earlier today, GBP has been set up perfectly for traders to have a run at it, what usually happens is traders will cause a spike in price/volume as an exploration company gets closer to results and like a snowball effect you can see speculation begin about possible huge discoveries and a explosion in interest and shareprice.

with a possible 100 million barrel discovery on the horizon traders/speculators won't be able to pass up the opportunity to run the shareprice.

GBP is yet to see that high volume/price movement since the initial news of the delay of the well spudding, it wouldn't surprise if later this week or early next we see that high volume day.

it is important to remember in the lead up to the first well, GBP's shareprice was run up from 12-29c on high volume.