Petrel Resources - moderated discussion/research part II

Good evening everyone.

I'm still holding 55.762 PET shares bought & paid for & have upped my Spread bet recently to £x.xxx/1p.

I'm probably down around £60.000 at present....Not good of course,.

PET is a risky play & I am happy to be holding.

I am a gambler by nature & except the risks that this play brings.....

I am well aware that this could be a one, two or three year play & potentially I could make or lose a packet.

I hope tomorrows elections go well in Iraq & that most get out & vote.

One would have thought that if things go as smoothly as they can then those responsible for getting their oil industry going will act swiftly having been given the mandate to do so.

Whether PET wins further contracts we will see.....But certainly seems well placed to do so.

The worst case scenario for PET is of course a Civil War in Iraq, lets pray for everyone concerned that this does not happen.