However if they have results from further holes to gather it gives them time and equally it may tie them over the us debt ceiling ( which long term maybe the elephant in the room ). I think they will again be big intersections and hence a little bit of foreplay with the market.
Equally if results are poor up on the back of an 600% increase they protect their directorship status but not with us.
Mongolian Coal plays are the U stocks, the ree stocks the fe stocks etc. Hence all proceed with caution as alot of these 'deals' are - not done.
I hold a considerable amount and got out of ceo only cause of the lack of clarity on the hole location that simple and thats what I gleened by talking with ME.
As usual time will tell.
Good luck all for friday - Ill be enroute to perth and hence my hands will be tied until 11am wst.
So I am stuffed unless i give dad my trading codes.
finch
karratha
TVN Price at posting:
6.9¢ Sentiment: Hold Disclosure: Held
