GREY:GULSF - Post by User
Post by
jake1444on Feb 12, 2008 4:18pm
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Post# 14361409
Comparison
ComparisonIf you want to see a similar situation to GUL/PCA/et all, check out CHQ on the Venture. They have no production and were a 25% partner in an offshore well in Trinidad. Check the trading up until they announced TD. Light volumes with a bit of price volatility. Not a lot of speculation at the end of the drilling. Then they announced the intention to test the well and then the SP increased 20-30%. The volume increased a bit as well and then after the hit then the SP went nuts.