OTCPK:WSRLF - Post by User
Comment by
oilkidon Mar 04, 2009 4:56pm
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Post# 15820945
RE: RE: NR Tomorrow?
RE: RE: NR Tomorrow?2guys, just by looking at the trading there will be no results tomorrow. I'm hoping they say that the rig has moved to the second location for drilling. We know now this isn't a dry well, it's just a matter of how much they found. Most people guessed if WZR hit one zone at 200 million barrels this was a victory anything more is a bonus.
I'm going to throw one out there and say this could be a down day tomorrow for WZR, only because the market has been waiting a long time for news and it won't come. What could bring this down is them spending more money on this well. Remember in Oct -Nov they released a report saying they where already 5 million over budget. Do you remember what the NR did to the stock? I do I brought in @ 1.30 a share and watched it go to .80. Now they made releases after that to say testing results was coming I do believe it first early Nov, then it was early Dec, followed by end of Dec and one more was mid Jan. Do you understand now why it is important WZR has something on paper to prove.
I'm invested up to my eye balls, so trust me I'm praying for good news....I just don't see it happening tomorrow thats all.