RE: Oil Verses TechnologyAlthough this sudden oil find has had a very positive effect on the share price and will likely be positive for some time to come as they add well in the field.
In my opinion and the opinion of people well versed in oil field technology. It will be the technology that gives the share price the substantial boost that's coming. It doesn't take long to see a huge cash flow from the sale of technology.
I agree totally ................This reminds me of the early days of Petrobank..........
They had a new way of doing things and it was stuck trading in the less than $5.00 range for a long time before it was discovered by the big boys...........Now it is over $30.00 and hit over $50.00 little while ago.
They like to buy in after it has proven but before the run .............That sure looks like it is now.......
I would say fence sitting time is over.......................................