OTCPK:WSRLF - Post by User
Post by
miner49er62on Feb 08, 2010 10:52am
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Post# 16762200
trading on results
trading on resultsThere is a lot of great news in that update. However, some analysis is required and as no news leaked out during drilling, the big boys are getting their first look at the results at the same time we are for a change. The market right now seems to be trading on buying and selling which is not yet reflecting the value of the discovery but it is huge, and the analysts will get on board this one. They not only have several oil and gas zones, they have a much thicker zone than anticipated. they also have evidence now that the first zone containing gas, is sitting on top of oil in the flanks. This makes this an oil well with commercial gas. The market will catch up shortly and take out all these range bound traders. The resistance level proir to today was .65 that now looks to be gone.
Miner