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Strategies & Market Trends : Ride the Tiger with CD

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From: 3bar3/18/2008 3:47:58 PM
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Solana Resources SOR.v solanaresources.com is sitting on a large oil find in Columbia .

They have drilled 3 holes into the structure ( Costayaco ) and plan 4 more by late 08 . Each one has had high oil flows . 3rd well results should be released tomorrow .

In the same area Premivera 1 hit oil 2 is being drilled now . Stock has about 6 $ in oil of it .

Across the country and in the same basin as the large Venezuela pools they also have 3d seismic on what looks like 1 large and 1 very large structure .

When FARC was capturing for ransom any oil worker they could find the large oil cos left . Oil exploration was on hold for 30 years . When the basin was reopened it was on a first come first choice bases . Solana got there and scooped the large oil cos out of this choice lease land .

If they hit on these big targets it will add 10 to 15 $ to Solana's value . They will be drilling late 08 . In the mean time they may have 10 $ of value by the time it is drilled .

Great story does not equal great profits do your own DD . See Oiljack at investorvillage.com

jack
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