Club Mulgoa

Tuesday, May 29, 2012

WHN

This kind of stocks is unpredictable and comes with a lot of hype.  But it is very reminiscent of PCL.  Nothing usually happens and share price moves anywhere until there is more hype and then it bursts into the scene when neighbors hit oil or lots of gas.  The scene only become publicized when a big oil major moves in.  This group of big companies do not take on small explorers unless they have studied the tenements properly.

I have been accumulating when the stock markets plunged but that parcel is now a loss.  It is very tempting to accumulate a bit more!

http://www.proactiveinvestors.com.au/companies/news/29436/whl-energys-seychelles-permits-confirmed-to-have-world-class-multi-bllion-barrel-oil-potential-29436.html

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