OTCPK:WSRLF - Post by User
Post by
jb52on Feb 09, 2010 9:31am
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Post# 16765954
Nelson forties thanks for the posts
Nelson forties thanks for the postsi am really enjoying reading them and clearly, you have some O&G knowledge.
Like you, i believe all risk has been taken out with this play. We have confirmed gas which alone warrants a higher SP. We have confirmed oil (Quantity and quality tbd with flow tests, etc).
Cash in the bank and mulitple additional targets in 2010.
Rarely do you get a chance to jump into a speculative play (like this) and have as much data from the company as we have.
I must admit that i bought a healthy position in the high $1.80's but picked up a healthy chunk when we were in the .60's. My average is in the high $.90's and i am still considering picking up some more.
Keep the posts coming