Victoria Oil & Gas: Fundamentals & Valuation Summary

Bigdog5,

Spot on re "I thought BB's were for posting opinions and views" That I have learnt since I screwed up when I first stated in this game roughly 2 years ago. I have since learnt to give my honest opinions and views when I can.

IMO I think 103 will come good, but how good is anyones guess for now. We should get news from VOG by Friday hopefully, but it may be next week.

I have no experience on the drilling/testing or geology by the way. But I worked in the oil patch for 30 odd years and have seen the unexpected happen many times as well as the expexted. It's part and parcel of the game.

Things can go wrong when your using perforating guns. They sometimes do not go off. The same happened with EME when the used coiled tubing and perforating guns on Eagle 1, they did not go bang. EME will re-enter EN-1 when funds allow.

The likes of Charles Clore in my opinion are shorting VOG. So be it. We all have our own ways of turning a buck for profit.

So anything can happen. It's just wait and be patient.

LoL,
GD