Ive got a few of these and IMO for what it's worth...
Overall it's still a down trending stock, (looking at, all data-monthly drawing a trendline across tops) Yes it turned in 2009 but overall but 2010.... If they hit target zones and the paydirt they/we expect/hope this could be an absolute cracker and the trendline should/will be broken, if they don't, then I will just hold and wait/hope for another drill bit to be turning to the right.
If all goes to plan I will be thinking of exiting at 0.40 at least watching very closely at 0.40
Just have to wait and see how I go on that 0.40 call?
Come on hydrocarbons...
These are deep targets and it takes a pretty gutsy rig drill these depths 4,900m give or take.
TNP Price at posting:
12.5¢ Sentiment: Hold Disclosure: Held