For those watching CHAG: I have heard from a reliable source that the equipment for the drilling of the first infill well has been moved to the KS property. The drilling should commence this week. We should hear news, as well. The entry-point looks very sharp at 23 cents. My own cost average is about 36 cents. Lucky me LOL! Anyway. . .if George W. Bush actually does push the price of crude oil up to 30 bucks a barrel (which I just can't fathom. . .but that's what has been published) this infill well of CHAG's could hit the investment world. . .nicely. Not that I think this infill well is the "make or break" point for CHAG (See Glass Mountain information) but it will play the psychological component of the market, quite well. Lets hope we see fireworks in July (GREEN ONES!)!
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.