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Re: TheDane post# 33084

Thursday, 03/16/2006 10:16:13 AM

Thursday, March 16, 2006 10:16:13 AM

Post# of 367194
PR would be nice, but just don't expect too much price movement from it.

Everybody is expecting an immediate and massive gain, but each piece of news should see us hit new levels - no enormous jumps would be no surprise to me.

Proven oil in block 1 will be a nice spike
drilling schedules and gear moving to the area will be another spike
news of oil in our blocks will be a nice spike as we (hopefully) strike each one in turn.

Of course, we should expect a steady overall increase and less jittery investement logic as we get more longs on board and take some of the fun away from the day traders.

I am an investor, not a trader in this case and am willing to be patient.

I see this as a four to five year process and I will likely hang on to a significant portion of my investment very long term.

Have a good one, love Robert.

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