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Message: Solana

Re: Solana

posted on Oct 22, 2007 05:11PM

I bought Solana based on it being a top pick on BNN back when it was about $2.10.....liked what I heard (also bought Oilexco at that time which did very well); watched Solana drift down to about .70 after a couple dry wells....then a change in management and something in that story gave me a renewed confidence so I held tight and increased my position....a couple of good finds later and here we are.....I understand mining better than the oil business so I rely more on gut feeling and watching the charts

I like the fact they have significantly increased production, but I honestly don't know if this will make them cash positive at this stange....if not now, I'm thinking soon....and lots of talk about $100 oil prices....that's good too.....even if the price stays around the $80's for a while...all good....

Rumors seem to suggest good news coming

The share price increase seems to be speaking volumes....I have taken a little profit lately (about 1/3 of my position) just in case my hearing ain't what it used to be

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