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1861-1880 of 1924
There is some good news. I think they will hit 0.45cts this week and 0.50cts within 2 weeks
see http://www.interraresources.com/download/announcements/Myanmar%20Drilling%20Update%20-%20Drilling%20Commencement%20of%20Chauk%20Deep%20Well%20CDT%2012.pdf
Interra Resources Limited (the “Company” or “Interra”) wishes to inform shareholders that its jointly controlled entity, Goldpetrol Joint Operating Company Inc. (“Goldpetrol”), has commenced drilling of Chauk deep well CDT 12 at the Chauk field in Myanmar. CDT 12 is the deepest well attempted by Goldpetrol, potentially increasing production and adding significant new untapped reserves to its Myanmar natural resource assets......................................................................................................................................................................................................
The CDT 12 location on a large geologic structure, coupled with a drilling depth of 12,800 feet, provide for a potential significant gas discovery........................................................................................................................................................................................
CDT 12 will also drill through several shallower secondary reservoirs which currently produce hydrocarbons in the nearby wells. CDT 12 is being drilled using an external contracted drilling rig and completion is expected in late third quarter of 2012. Interra will announce the results as soon as they may be ascertained as well as provide updates reflecting critical or unexpected events during drilling...............................................................................................................................
Yup. You got it. $0.410 now.
iwonder ( Date: 26-Jun-2012 20:40) Posted:
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Higher prices 0.41 cts now trading at 0.40 ct. I think they will hit 0.45 - 0.50 cts within 2 - 3 weeks.
Hope that tmr can break 0.40
Super.White ( Date: 26-Jun-2012 20:02) Posted:
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Very nice rise today. Looking for more rise to come.
:( close 0.38
looking good. may move up to test 39 cents soon.
Wat brewing today??? 0.36
5GISGXInterra Resources LtdSymmetrical Continuation Triangle (Bullish)0.35 0.57 - 0.61Intermediate-Term Bullish
Turns out this 'durian' ripened nicely, so sold off for nice profit. Will wait for Eurozone to stabilise before revesting.. price and TA depending. Company producing more oil as time passes... can't really go wrong, especially wiht Myanmar opening up.
medivh ( Date: 30-May-2012 15:51) Posted:
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Nice gain today. Very sweet.
Thx for yr enlightenment..
If you have the spare $$$ and the time, can wait.
Hi... Master
Is there any good news on this counter.. seem to be moving this am...
Sure, everyone knows time will tell,
the qn is how long are you willing to wait?
I can only tell you many wait for " Durian" until RIP , also won't see or smell it .
There is a wise saying in the market. " Hope is an indulgence I don't have the time for"
Time will tell.. but given a choice between and oil company and a property developer, I'd go with the Oil.
medivh ( Date: 29-May-2012 12:02) Posted:
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Good gain so far.
Going for long on this counter.
Can smell the oil.
If you make the $$$, it doesn't matter what sort of dressing.
This one same pattern as Yoma... Window dressing effect.
Nothing to be happy about.. unless you bought few days ago.
Nice climb this morning.