$10? sp now is only 15c? well. ask her how she got that idea from??
CTP has huge potential in the large tenements (largest in Aus) it holds in the red center. highly unexplored. the numbers put up is huge, and it's still very much a speculative play. many risks involved still.
they should be drilling soon and it maybe the cause of alot of anticipation into this stock atm. they have not as yet release details about the drill, JV, approvals. the list of jv partners are encouraging with big name British gas there who bought up the PXA's farm in agreement with CTP earlier.
like phallen, i would wanna see the company focus more in the helium play at hands, helium a scarce resources have increasing demand due to the technological advances. the last well Margee 1 turn up He concentration of around 6% (off my head) and its the top 1% He conc naturally occuring in world. commercially viable ones are like less than a percent? however we wont see the play being explored in this 1st phase of the drilling program starting sept or oct.
for this sp to rise substantially they will have to prove up the reserves. they can drill but until they do find a substantial amount there, market cap wouldnt rise that much.
all said, it's still an interesting specie company. weigh ur risk and do ur research.
gaps.
CTP has huge potential in the large tenements (largest in Aus) it holds in the red center. highly unexplored. the numbers put up is huge, and it's still very much a speculative play. many risks involved still.
they should be drilling soon and it maybe the cause of alot of anticipation into this stock atm. they have not as yet release details about the drill, JV, approvals. the list of jv partners are encouraging with big name British gas there who bought up the PXA's farm in agreement with CTP earlier.
like phallen, i would wanna see the company focus more in the helium play at hands, helium a scarce resources have increasing demand due to the technological advances. the last well Margee 1 turn up He concentration of around 6% (off my head) and its the top 1% He conc naturally occuring in world. commercially viable ones are like less than a percent? however we wont see the play being explored in this 1st phase of the drilling program starting sept or oct.
for this sp to rise substantially they will have to prove up the reserves. they can drill but until they do find a substantial amount there, market cap wouldnt rise that much.
all said, it's still an interesting specie company. weigh ur risk and do ur research.
gaps.