HDR hardman resources limited

No announcement on Chinquetti 4-4

  1. 3,559 Posts.
    Over 2 million shares have traded and the price is holding at around .72-.73 cents. Even the options are trading again. Hdr have put out a report on the Woodada well that looks the same as the one they put out several days ago but nothing on the well that matters - Chinquetti 4-4.

    Does this mean that:
    1. Its a duster and they don't want to crash the share price untill it settles down a bit.
    2. They havn't yet reached target depth.
    3. Its got oil but they are waiting for more conclusive info on the amount and quality
    5. They are giving the punters a last chance to get set before they come out with a whole string of good news to push the share price up.

    Any comments???

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