GREY:ENGFF - Post by User
Comment by
BRITNICK27on Jul 29, 2008 12:27am
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Post# 15338095
RE: Britnick...Grand Sabot
RE: Britnick...Grand SabotSo why do you think the market doesn't react well to this news. UNX share are down since this news. Kinda weird.
The HC hit is a rumour and those that invested based on that rumour have already done so, until this rumour gets confirmed or denied then we sit here with the possibility of drifting lower. Remember that even though the 300 or so people that follow this board religiously are extremely interested in this play it is afterall a very junior oil and gas play with extreme risk that for the most part flies under the radar when compared to other juniors.
If the HC hit is confirmed that will change, but not until then.
BTW I highly doubt that UNX exercised based on the same rumours........ No sir, they have the skinny.