RE:RE:RE:When you`re weary, feeling smallI think you are right about the wind being out of the sails a bit as we reach the high 3's again as we did not too long ago. Its true that momentum is slowing and there was a large gap between the resource report and the next results. If they would have had drills ready for 2 months after then perhaps it would have held up better and we would be in a totally different level right now.
Fact is, those who are in on the stocks potential are going to hold for the future and even though it feels like eternity, it has only been a couple months of bad price action and only 2 weeks since the latest dollar drop. Once more results come in again we should see the interest come back fast and the next well anncouncement and results are really going to make us gap up. I was lucky enough to get in early as i have said before and already make a very nice chunk of change with a sale of position in the high 6's. Many large players would have made their big trades too knowing that a quiet summer would lead to a slow bleed they moved on till the next test results. They are looking over so many different companies that they can come back to VLE and see a good price deal and buy in leading to new results rather than hold they locked in profits. This along with daily trade and short action controlling movements it is not acting like where we think it should be.
There are people who can make better OandG calls, but i am confident that when we have a RA liek we did and a more steady stream of news coming on the horizon i dont see why someone, maybe STO will not swoop in and make us an offer for the goods. Big money can still be made in countries thsat are considered risky. At the end of the day companies want to make money and the basin we have in the location that it is in leads to very large amounts of money. If you had a neighbour you didn't like, but they found gold in their back yard and were offering you a deal on it would you not buy it? People got scared and the panic about Turkey has escalated into strange heights. When we saw the growth from .50 cents to 8.2 for not even a day it was with Erdo in charge and when we succeed further he will be there too. His presence is not as bad as people are making it seem.
Anyway this is superlong winded but something to read i guess on a pretty uneventful day for us.