TAG Oil Ltd (TAOIF)

[DANA1]

$6.85 Close (up .24) with no news.

The price seems to be trending upward, however, the demand for the stock remains surprising small. The trading volumes are still extremely low for a stock with so much potential and with the added exposure of the TSX main board. Is this an indication that management has to do more to generate more market interest in this stock ???

Hopefully this upward price trend will continue and that we won't get another down turn once the March 31, 2011 financials are released next week and/or we start to get the remaining flow rates from Sidewinder 2 & Cheal C1.

Looking forward to the company announcement confirming the completion & production startup for the Sidewinder production facility. Based on their blog & the pictures posted I am guessing they are behind schedule and August isn't likely for completion. Hope I am wrong !!

September could be huge for the company, especially if they continue to get positive wells in the Sidewinder field as they commence drilling wells 5-8.