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Message: Eumont State #1 Well

Re: Eumont State #1 Well

posted on Dec 13, 2007 09:15AM

We got the results back. Should be out shortly. I had heard before they completed it that is was good.

I guess we will find out.

I would love to catch the tax loss sellers with their pants down, but at the same time they own a lot of shares and if they want to keep things down they could. So perhaps we are saving our results for after tax loss selling, which I am not too happy about.

I'll try to get a further update. As for spotting the bottom. This should be it as support is seen around .16 It could go lower then .16, but nobody can time the exact bottom, but IMO great entry point if you are not already holding SXN.

Here is the MD:

Market by Price

Bids
Total Size # of Orders Price
34,500 3 0.160
50,000 1 0.155
130,000 3 0.150
28,000 1 0.140
5,000 1 0.125
Asks
Price # of Orders Total Size
0.170 1 30,000
0.175 1 30,000
0.210 1 9,000
0.220 1 20,000
0.225 1 10,000
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