VIL 0.00% 1.6¢ verus investments limited

little thoughts, page-3

  1. 2,006 Posts.
    There's nothing to be gained by selling out now because at this very moment no-one is the wiser about what's down in that hole.

    You can only be selling now because your mind is telling you that there is less of a chance of success than before drilling began. Why?

    1. They were straightforward about weather delays (which couldn't be helped)
    2. Spudded on time like they said it would.
    3. Drilling going to plan.

    IMO it's looking as good as can be.

    Is it the spiviness of it all? In deals of this nature you've got to expect a spiv or two. If we find oil it won't matter anyway.

    We all bought into VIL, a highly risky proposition (we all knew that before we put our money on the table) in order to obtain fabulous profits. So the only way you're going to get a chance to be able to drive away from this in a new sportscar is if you hang in there.

    If you're selling now you're leaving the match at halftime!

    And you'll have crystallized your loss.

    IMO VIL will play out this match, on the market with 10mins to go to fulltime. Win or Lose.
 
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Currently unlisted public company.

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