Replies to post #9028 on Value Microcaps Junior Energy

[jwbstock]

SDCJF: I added today.

Added an amount equal to 1% of my portfolio. Will probably add some more soon, and I will back up the truck if it goes below $0.50 (I'm not expecting that though). Perhaps some bad news leaked to insiders, but I'm going on the assumption that its weakness is due to overall weakness in the commodity sector. BWTFDIK

[Bobwins]

Aussie investors discovered that Beach Petroleum, a big player in Australia, has sold out of their big position in Sundance. At one time, they owned 20% of Sundance and participated in some wells with them. They were gaining knowledge of horizontal drilling and fracking to apply to their shale gas wells in the Copper Basin in Australia. So that appears to be a logical reason for the big selloff from over a dollar to the .60's. We are bouncing back nicely and are up .025 to A$.85 tonight in Aussieland.

Bobwins