Victoria Oil & Gas: Fundamentals & Valuation Summary

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Stuart14 - Sat, 30 Dec 06 :

Bigdog, I haven't been on the board since before Christmas so do me a favour and at least give me a chance to respond, we don't all sit on here on a Friday night posting.

VOG have the funds to drill at least 103, 105 and 107, maybe 109 as well, but if extensive testing is required this will eat up their funds and will stop 109. 2007 is a make or break year for VOG, black:white, Sucess:Fail. If 103 and 105 come in good then the future is very rosey, but if they fail I don't see much of a way back. The mechanics of the financing and the sentiment that will shrowd the stock will see to this.

I am still long, and still believe West Meds will come good, but am being realistic.


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