OTCPK:WSRLF - Post by User
Post by
harry_reeleon Jun 23, 2010 8:44pm
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Post# 17216452
A careful examination of the May NR
A careful examination of the May NR
Would have spared some from disappointment today.
You know there is an awful lot of people trading these days who fail tointerpret NRs properly. Better than half the posters on this MB failedto properly interpret the May release, not taking into account thatputting a snubbing unit in place does not happen in just one day. 3weeks is in good time to transport to the site, setup and ready such alarge rig.
Disappointment was evident coming from those who understand little ofthese operations, who also fail to carefully digest the news and interpret itproperly as was the case with the May release., - hence theill-conceived much too early anticipation albeit- for the very news thatwill come in the next NR.
I believe that it won't take 30 days to retrieve the remaining drillstring and that logging andcasing of the section drilled to date will proceed followed up withan NR. From there If asthey say - efforts continue to be successful and the hole section can becased, the Company will resume drilling and testing the well asoriginally planned.
Watch for those who sold today jumping right back in.
GLTA.