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Message: Inpex - Indications of Oil System

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waiting and waiting

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Re: Inpex - Indications of Oil System

in response to Inpex - Indications of Oil System by NORTHERN_TERMINATOR

posted on Feb 11, 12 03:15PM (Log in to use the IP Check tool) ^[?]

Hmmm...I am not exactly sure that this type of news will be considered positive by investors. Considering it took 6 months to drill the first hole like at a cost of $100 million, there would have to be seriously positive indicators for more holes to be drilled I would think. Furthermore, that would be many months if not years down the line. That said, I am no "oil guy" so I could be completely wrong.

I am still hoping they report a positive hit but, based on this report, it seems unlikely. Time will tell, as usual!

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