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Re: chmcnfunds post# 126815

Friday, 01/21/2011 5:36:10 PM

Friday, January 21, 2011 5:36:10 PM

Post# of 233825
Looks to me like Cornerstone got good anticipation from drilling annoucement. Going from the teens from Dec to a spike of .40 then sold on the news some...

Their JV is to Share drilling costs and gives up 50%
and the rest of drilling not till spring

The JV hurts some
Sell on news after that anticipation, about right
OS is 104.51 mil according to scottrade Hmmmm

Bet they still do pretty good
Those are good result for so little drilling completed..

One reason to fight hype..eh

Katx has done their own drilling
Has a door open with Vale
The OS could hurt

Time will tell
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