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ONEREIT TRUST UNITS T.ONR.UN

"OneREIT is a real estate investment trust. It is engaged in owning and operating income producing shopping centres."


TSX:ONR.UN - Post by User

Bullboard Posts
Comment by mikerosoft666on Jul 31, 2008 6:27pm
202 Views
Post# 15349842

RE: Keep it! I think something is brewing here!

RE: Keep it! I think something is brewing here!
You are aware I am sure that sometime around end of Aug. or early Sep.  they will have readied the test results from Rough,  and that the well at Rough is expected to be massive ?

I mean,  Jennifer Stevenson called it a "company maker".  However,   how would she know it could be a company maker if the well hadn't been tested   -   it had been drilled and cased but testing was postponed while they completed the land deals they were working on surrounding the well. 

The reason was apparently because you can't get a favourable price if you have a bunch of flares burning on a property where you just finished drilling the well or test results were in and were positive.  No,  apparently you need to make the seller think you are an idiot,  have drilled,  found nothing,  and are still willing to buy the land.

Check the clip on Market Call Tonight,  June 19th  -  you can find it on bnn.ca

Check for my posts earlier where I spoke with Scott Dawson,  CEO,  who really couldn't give me any information,  other than to suggest I "hang tight".

However,  for someone to go on BNN and say they think the well is a "company maker",  and that they hold a massive amount of this company,  and they have no idea what is in the ground,  it wouldn't surprise me that someone else could be second guessing the same information and starting to buy here anticipating that the stock might go down ?  We will see as we approach $7,  if you catch my sarcasm...

If you have any powder you can spare until Sept...  I would start shooting very very soon....
Bullboard Posts