RE:RE:Yahoo articleSingoa58 wrote: Yes they are in the midst of a heavy promotion now with basically the same ad popping up across multiple websites which explains volume as it's attracted retail penny stock investors but if the well is a duster it will collapse to ??? This is the ultimate spec play so consider like playing the lottery .. 1% of a portfolio maximum should be invested imo
any "collapse" should be treated as a buying opportunity - Welchau is high impact but their other plays are the bread and butter here. That re-entry on the Mobil well from the 1980's will be huge, but of course, if it takes another year to get all the permits due to slow German bureaucracy this stock will languish no matter what happens at Welchau.