Petrel Resources - moderated discussion/research part II
cubano2 - Tue, 03 Jan 06 :
Happy new year to all Pet-holders.
Compared with the situation one year ago we are in a very comfortable position:last year there were only speculation and a lot of hopes to get S&L,East Safawi etc.
Today we just have to wait to harvest or plug the fruits of waiting:east safawi is about to be signed in Q1,letter of credit is to be opened in Q1 too.
the share-p.still very low(temptating to top up!!) compared with what Petrel has in hand-thats what I call a very comfortable situation to start 2006.
all the best to all Pet investors
