WISR Ltd V.WZR

RE: RE: RE: Drilling Update

[kaosblues]

Shorty: 
     A couple of key differences this time around.  First we do not know if the rumour is in fact just a rumour regarding the "stuck" drillbit.  I think it is all a lot of hooey, but just in case there is some truth to it, one should realize it would be a much different scenario than the last well.  In that situation it was a tool that was lost down the hole, here it is potentially a stuck bit which they can drill through, or so my sources in the oil patch say.  
    Have you considered that if there is nothing to the story then WZR would be setting a bad precident by responsing to such nonsensical rumours.  I think this is what is really going on and WZR are taking the high road on this.  Don't forget the stock always seems to be fairly volitile anyway, so a rumour like this is going to have some effect, but after today it's effect may be spent. Probably see a continuation in the rise of the SP tomorrow.
    I think this is just a convenient story "leaked by bashers" to try and cause fear and confusion.  Don't be fooled by people that I firmly believe are trying to pick up your shares on the cheap.