Club Mulgoa

Thursday, November 15, 2012

OBL

When you read their hype, it is nearly impossible to ignore all the oil and gas explorers who claim to have lots of hydrocarbons in their tenements.  Some actually find them but most don't.

But if someone else is pumping money into a stock, then the other investors will just pile in.  Yesterday, FMG decided to take an interest in OBL so the share price jumped up.  At least OBL has found something but cannot confirm their resource yet.

0 Comments:

Post a Comment

<< Home