I had built up a position double what I had last year, but liquidated 75% to ride freebies. My take is that we wont hear anything this month if weather set things back by two months.
tyeg and torque are scheduled to complete the monsta well in Ontario by the 10th. Oil business being what it is, there were probly some delays for one reason or another, so October again.
One would be better off monitering Torque Energy for progress. Weather here in Ontario has been good all summer, no bad weather excuses.
Currently I cannot seriously consider further investment or any investment in dvfi until we get some kinda update. I have both tyeg and dvfi (all freebies). I would buy pbls before dvfi anyday.
phgi is also an up and coming company and it seems they have REAL management. The returns of this one would be in 2008.