LIO 0.00% 2.1¢ lion energy limited

re: big consolidation coming up..cabe hi cabeno news from any of...

  1. 34,604 Posts.
    re: big consolidation coming up..cabe hi cabe

    no news from any of the JVP's re: drilling

    i'm sure we'll hear something fairly soon. by the end of October.

    they were waiting until the end of the hurricane season. so late 2006 looks promicing..

    regards



    Subject re: big consolidation coming up..caby
    Stock Code LIO - LION ENERGY LIMITED
    Posted 03/10/06 10:34:23 AM
    Posted by Cabe
    IP 203.166.xxx.xxx
    Hotcopper Radio LIO on BoardRoom Radio
    Post # 1282464 - 2 reads
    In Reply to msg #1282359

    Hi Sandy - a very sound strategy IMO - history tells us that for the majority of consolidation cases the price will dip soon afterwards.

    The only possible fly in the ointment I can see is if they announce drilling earlier than expected, or if they have more info on the new patches to release?



 
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