To All:
I have some reliable information that the first official GNY recommendation to BUY will be forthcoming very shortly( one week / apprx ) from a Canadian securities dealer. More to definitely follow within the next 30 - 90 days. Also, the U.S. side of the border is reviewing the appl. to allow GNY to trade. Probably just red tape unless unforeseen events crop up. Don't envision any, however.
If y'all have any buying power, your investment at this time will no doubt see a short term appreciation ( 20% + )
What happened to those "dowerys" that fathers used to get when their daughters married?
Hope all goes well & the juniors get some rally this fall. ( Usually it works just the opposite in the fall )
I'm probably going to be focused on my new bus. venture for the next 6 months in establishing a solid foundation, so will let the stock market not cloud my goals & objectives. If anything with any substance comes my way during the fall period, I will certainly let you know.
My best advice for now re GNY is to keep close tabs on progress in Gabon and when they think they will begin drilling. I believe this will be the reason that GNY will get over $2.50. All they need is some commercial quantities; however as we all know now, if they hit a good discovery i.e., 5000 bls/d or more, the little company will be no more! We'll then be dealing with a new ball game.
In the medium to longer term perspective, keep up-to-date on the Ranger Oil project in early new year; Australia & the level of current proven reserves ( if they hit 1000 bls/d the mgt. can really load up on credible marketing & productive blitzing throughout the investment community. And this level will make a lot of the right people take notice, including possible takeover "explorers".)
Meanwhile, TLS on the TSE will probably show 40%-50% increase over the next 9 months.
This is really strong & reliable info. However, everything remains subject to a credible market.
Regards,
Mark C. |
