Strat Petroleum Ltd (SPRL)

[Aggie9518]

I have been an investor in this company since July/August. I'm not bashing and I'm not pumping, but I tend to somewhat agree with Boomer. Having a letter of intent to some unknown European private entity is not the same as contracts signed and production ramping up.

I am very happy about finally getting an update after months of nothing. The first delivery is scheduled for Oct.27, so something is in place contract wise. If letters of intent do become contracts and 1000bpd capacity by next year does become reality we are in good shape. I have my bets placed that it will, so I'm in for awhile.

We have got to break the 50DMA and hold in order to signal a reversal. All my opinion only. Aggie.