BONTAN CORP INC BNTNF

RE: Buy Rec on BNTNF

[ajootian]

Great to hear they are starting up the hype campaign. The timing is perfect, by waiting a coupla weeks after spudding you give plenty of time for all the mo-mo players to "sell on the news", plus the hype will have more effect when everyone is back from vacation in September, and the 1Q report will have been issued showing a healthy amount of warrants having already been exercised (and thus the gun will be re-loaded for the next round). They will be able to say in the report that the well is already almost half way down to this targeted depth, and folks will get excited and want to jump onboard quick before its too late. But as we know the 2nd half takes a helluva lot longer to get down than the first half. Also if you are gonna have problems (stuck bits, etc.) it will more than likely happen in the 2nd half.