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Thursday, May 14, 2009 7:00:07 AM
May and June IMO the PPS will and has firmed and show slow steady moves
July-August-Sept. the VOL should wildly pick up so too will the PPS and become more volitile as we get to $0.90 - $1.20 at pre- drilling
then the fun really starts
to explain why we are not there already, you have to consider our 10+ year history and all the historic events along the way and throw in the Worldwide Economic Crisis, the Rise and Fall of Oil etc etc.
a tad more patience is required - but will be well worth the long wait IMO
as Southern said look at the VOL as a leading indicator, no big shareholders are interested in selling at $0.44 and IMO they wont be interested in $0.80 either, we just need more buyers/traders to step up and they will as the RIG nears
according to ADDAX we WILL NOW have 3-4 wells THIS YEAR
2 in JDZ BL 4
1 in JDZ BL 2
we have 20% of each - enjoy the ride
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