GOLD OIL, Oil Exploration in South America (Moderated)

IMO this share will now probally slide slowly back towards the 6p mark untill we start to drill NMB to its full potential. Z34 is still ages away from generating any cash and XX1 is most likely to be capped and abandoned until the management decide to commit new funds and a rig to redrill a new well with more accuracy in the same area. It would be good to see GOO commiting revenue into the purchase of drilling equipment which they could lease out when not required by themselves.
I shall happily continue to hold my 200k and take the opportunity to top up as the price slides with a target holding of 500k.
I am convinced this company has great potential but feel it will be at least 6 months before the share price reaches 15p again.