RE: ipsos poll says it's a tie or thereabouts
I really am having trouble understanding the low sp on thisplay. A huge deposit, goodmanagement etc… yet the sp sits at around $1.50. Why? Is it because of theelection?
I can see no other reason to load up on this play.
I checked into the election platforms and this is the way Isee it. Very simply, one guy was a liberal but is speaking conservative speakand will not raise the taxes on the output. The conservative wants to increasethe taxes. A very complicated world but not such a complicated issue.
You see the company has already factored the extra tax intothe cost of extraction so the election IMHO does very little to change the factthat this play is worth millions and a lot of money will be made.
I have also come to the conclusion that this play will beeaten up after the election. For how much? The election might impact the sp abuck or two at most. When one is speaking of $10. Bucks or more………………..they canhave their taxes.
Way undervalued.
Good luck today
Don