I put in a sell order for .015 yesterday in case of a sudden spike (like today). got triggered of coarse , just put a buy back in at .011. hope i dont regret the sell. looks pretty quick and steep. I usually expect these things to come back down a bit. we'll see.
G'day guys.
Just seen the Trading halt.
Firstly, I don't know what is behing the TH. That said, I do believe that the Canadians have managed to easily raise the required $50m (with over double the money offered to them!) and this would make punters feel secure about the finance side of the project.
From a trader perspective, we have a potential (so they tell us!) 4.2 billion barrel oil target with a very low SP that offers a heap of leverege for traders all due to drill in March. If you don't get set now, when do you enter? I think that this explains the recent SP movement.
Given my entry price, I'll wait. Being a horizontal drilling, I believe that the chance of hitting an oil show is higher than in a conventional drill. If this occurs, then BKP could runquickly (even though we won't know anything about its commercial viability).
Now the TH is in, I couldn't sell anyway but I have no plan to sell any until close to the drill bit turning (assuming that the announcement is not a major capital raising)
Anyway, just my thoughts.
Holding BKP at .003c
G'day guys.
Just seen the Trading halt.
Firstly, I don't know what is behing the TH. That said, I do believe that the Canadians have managed to easily raise the required $50m (with over double the money offered to them!) and this would make punters feel secure about the finance side of the project.
From a trader perspective, we have a potential (so they tell us!) 4.2 billion barrel oil target with a very low SP that offers a heap of leverege for traders all due to drill in March. If you don't get set now, when do you enter? I think that this explains the recent SP movement.
Given my entry price, I'll wait. Being a horizontal drilling, I believe that the chance of hitting an oil show is higher than in a conventional drill. If this occurs, then BKP could runquickly (even though we won't know anything about its commercial viability).
Now the TH is in, I couldn't sell anyway but I have no plan to sell any until close to the drill bit turning (assuming that the announcement is not a major capital raising)
Anyway, just my thoughts.
Holding BKP at .003c
Since you have posted there was an explanation by BKP management.
IMO the explanation could fuel the price up further when TH is removed.
BKP tried to explain genuinely what they believed to have caused the volume and price increase.
So BESBS I do not think you would be concerned to see your investment at .003 to gallop further again. Enjoy and congrats
Disclaimer _ DNH
Haha.... Price us surging like crazy.... Based purely on speculation love how they're fueling the hype in the price queries ... I missed out on the buy in at .015,, just before the halt by 5 mins
So I'm going to keep watching and maybe get in once the share price comes back down to.015... That's if it does
I sold 35% of mine this afternoon to reduce my risk and cover my original outlay. Some half decent levels formed to slow the run (for the day at least), so I figured the time was right.
DYOR
-Liar-
G'day guys.
That said, I do believe that the Canadians have managed to easily raise the required $50m (with over double the money offered to them!) and this would make punters feel secure about the finance side of the project.
Holding BKP at .003c
Does anyone see this stock continue its dip, or is it good to try to buy in at 1.5c?
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