Isopatch, Welcome aboard the CNR train. Your purchase explains the strong volume this AM, was wondering what was causing it.
As you know, the UBCT program is supposed to resume operations on N-22 around Jan 27, in view of the fact they had drilled 500m of the proposed 800m leg, we may have results in the first couple of weeks of Feb.
Assuming resonable results(my wag is 1-2,000bbl/d) I believe this may cause another jolt to PPS. The 15 well program should cause these jolts through out '05, and IF Manavii is as they suspect then we may indeed have our 5 bagger for the year. Of course all of my investments have 5 bagger potential, though many times that seems to be an illusive goal.
On another note, AGT has just released production results for '04, this MAY be the last of the pain(hopefully). I will be watching closely for re-entry in the near term. If they can reduce production costs to the high 2's(in '05) and with the addition of Standard mine on stream then Q1 '05 could be the wake up call to those that find it to be uncomfortable buying extreme pain. And yes, I look for AGT to be a 4 bagger by Q3 '05, but then I say that about everything. |
