TG WORLD ENERGY (V-TGE) $1.95 -0.05 Find something that could be big, buy early and cheap, sell a bunch when some easy money has been made and hold a few just in case this big play hits!! Sounds easy, but sometimes the discipline is lacking, the markets have gone bad or in this case delay, delay, delay……….. TGE first had its partner be delayed six to eight months in delivering drilling equipment to their Tenere project in Niger – a potentially significant Rift Basin play and then in the middle of the Sahara Desert they are hit with record rains that delay drilling almost an additional month. But as you can see from the news announcement yesterday they are now drilling. With three wells to be drilled in Niger (high reward/high risk) and this winter two to four wells in the Alaska Prudhoe Bay (moderate reward/less known risk). TGE will be a timely story for the next few months.
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