Peak Discovery Capital Ltd V.PEC

RE: RE: still questioning?

[skier59]

Not surprised by todays activity. Wish I were around to watch, would have sold this morning and bought back end of day. After yesterdays epic trading day of huge volume the big boys were sitting on the sidelines watching the day traders unload in fear like usual all the way down. Not one insider sell since the IPO and insiders were loading up at these rock bottom prices over the past 2 months.

Not sure how many of you are aware of the recent advances in 3D technology for analizing the Earth's crust under water, it actually has become very efficient in targeting ideal drilling locations. Tullow actually has a success hit rate of over 80% in the past couple of years. There is oil & gas in these blocks, it's just a question of drilling in the right location. In the North Seas it took hundreds of dry wells before they hit, and hit they did.

Once a JVP is announced, say bye bye to these cheap prices. Also Shell has made it public knowledge that they are starting to do JVP's with explorco's in an effort to increase reserves.