88 Energy Ltd (EEENF)

[mr_freemoney]

With each passing day we get closer to next drilling season. Plans need to be made well in advance. Plans become news releases.

All evidence points to huge reservoirs of oil at Merlin worth multi-billions, enough to send this to .10 on speculation, .20 on rumors of news, and potentially $1 or more when they're finally able to declare a discovery. None of that has changed. I think people are overthinking this. MMs know that many will give up and move on, playing right into their hands for the next run.

Plus Merlin is not their only prospect. So far their best, but there is more.

$EEENF has too much going for them to not become a hot ticket again. Next time it may see a healthy skepticism that may guard against overheating and result in a steady climb against a wall of worry.

Patience, as it often does in this game, will prevail.