OTCPK:WSRLF - Post by User
Comment by
miner49er62on Nov 03, 2009 12:11pm
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Post# 16447925
RE: RE: Has WZR HIT?
RE: RE: Has WZR HIT?As far as VST, Kaosblues, they aren't even drilling until next year so they don't enter the picture here.
WZR IR has already said that they are in the tertiary where there are two targets and there will be news after testing and logging, if required.
In addition, they also say that they are expecting to release an update report on november 6.
That is all we know for sure so lets stop creating expectations that have no basis at this time.
The trouble with facts, as this company seems to stick to, is that they can be dry and unexciting at first blush.
The great thing about facts on a well like this is that is where the big bucks hang their hats. Rumour and hype creates the very "buy on mystery sell on history" scenario that you mention.
Lets stick to the known facts and the analysis of the REAL potential there is here. It stands on its own and doesn't need puffing and fluffing.
The company has already changed their banter on this well by moving their statements from they will only report after td and then loggging and testing, to they will report if they test and log in the tertiary. In my opinion, this is very significant, but we will have to see.
Big bucks buy on assessable value.
JMHO
Miner