Club Mulgoa

Tuesday, September 18, 2012

WHN

At last, I am back to neutral zone with WHN after today's leap in faith by the market.  This one is a trading stock; share price will only jump when a JV partner buys into the tenements or when oil is found.  Gas would be of much less value as the Seychelles is in the middle of nowhere and construction of LNG plants would be too expensive.

PCL was bought by me when it was only worth a few cents.  It still hasn't found oil yet :-(  but I have made decent paper profit out of it.


0 Comments:

Post a Comment

<< Home