GREY:CXEYF - Post by User
Post by
JohnnyOilon Dec 07, 2007 12:51pm
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Post# 13985726
The Best Indicator
The Best Indicatorof how things are going is the Bank of Scotland increasing the line of credit. Avoid interpreting how things are going by the shareprice. A penny stock is so easily manipulated. Bank of Scotland has a reputation for being conservative, so when they buy in, they are very confident of future value. They would have been exposed to ALL the information and responded accordingly. I remember when Oilexco got a similar vote of confidence and was surprised it didn't take off right away. It took about a week and then it seemed the market caught on. The bottom line, RBS is extremely confident El Bibane will come online with the numbers Candax suggests and that it will be completed in the very near future.
Hold your shares, buy some more, make some money.