I see where Horn jumped 18% ($0.22) today with a very simple announcement that they had reached the 1/2 way point in their drilling. Makes a person that much more curious as to what is holding down the CGX price, given that CGX has two drills turning and a shot at Billions of barrells of oil. Perhaps gives some support to all those suspicions being raised of price manipulation.

Bottom Line.... the daily ups and downs with CGX are annoying I suppose, but most of us are relaxing and waiting for the drilling results, now probably no more than 4-5 weeks away, and nothing will stop the price increase with positive results.

Horn Petroleum Operations Update

Monday, March 19, 2012