GREY:DPGYF - Post by User
Comment by
zagorskon Oct 23, 2007 12:17pm
303 Views
Post# 13672100
RE: is it time
RE: is it time
What we know about the land transaction was that it was
reserve neutral.
We gave up big long term potential at Bigfoot for shorter
term production gains at Hythe.
We don't know much about the prospectivity of the new lands.
Presumably going from B.C. to Alberta will prove a negative
given the proposed tax changes.
On a technical basis there seems to be a large seller in
the $1.70 range which may defer any short term upside.
All in all I am holding off on new purchases until we get
some clarity on taxes, gas prices and quality of new land.