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Gold/Mining/Energy : Tumi Resources

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To: austrieconomist who wrote (32)3/16/2007 11:28:32 AM
From: hubris33   of 69
 
I'd give TGA some time to shake out those that were playing the wildcat prospect. Certainly TGA is undervalued here but sans a bull market in the oil sector does not seem to be able to attract investors. They will be drilling a second wildcat well which should spud soon.

I don't get the drop as TGA announced in its CC that the well had a 10% chance of success.

A second dry hole could drive even more investors out so I'd play that with a close stop!

Good luck!

H3
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