BG, I'm in OBL as soon as I free up some cash. I've got maybe 50% of my portfolio in EMR, EMRO, PCL, FAR and EGO all bought on recent lows. I'll be lightening the load before results (particularly EGO - sick of missing out on the easy money on this dog - and EMRO) and OBL is my first target. Kind of running the clock against any PESA deal announcement though.
It's funny you mention farming in. I joked with my brother about buying the 5% company on offer. I too have lotto tickets and you'll have to fight me for it! :) I don't think i've seen a company as leveraged as this (well, based on the so called "270mmbbl") in a long while.. it'd be like buying lotto tickets with lotto tickets. Personally I don't care if it's only 2% to success. I generally play the numbers and the risked leverage says buy. But I've only really looked at it since last week after it being in your sig for 6 months so I don't really know that much about it other than it's another lotto ticket like Valentine was... with better closology.
ARQ Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
