FM> You should get out more. :-) If you read the business pages in the
FM> popular press you will have seen over the last couple of weeks an almost
FM> continuous torrent of reports on the Gawler Craton - basically, it's the
FM> whole of the middle of South Australia. About 8 or 9 companies are
FM> usually mentioned, including Helix (HLX & HLXO) who *doubled* their
FM> share price in one day.

LKO didn't double in one day, but they have doubled in the last fortnight.

PE> FM> has had a lot of press lately. One company which
PE> FM> hasn't been mentioned is Lakes Oil (LKO).

PE> Is that good?  To buy?  BFN.  Paul.

FM> Do I have to spell it out for you? That was supposed to be a subtle
FM> hint.

It's usually best to spell things out to me, I'm not very good at
second-guessing.  In the above case, I thought LKO might not have been
mentioned because it was a complete writeoff, and you were warning me about
it "everything else is really great, but don't be tempted on that
one".

FM> They closed today at, I think, 6.2/6.3. I think that's cheap. Your
FM> decision. I own a million, ish.

Ok, I want to de-expose from NTS anyway, and everyone else is doing a much
better job at panic-selling than I am, so I'll just have to put up with
that.  Can you sell 99000 NTS at market and buy LKO at market.  You can
vary the fine detail of that, e.g. waiting a couple of days before selling,
or waiting a couple of days before buying. BFN.  Paul.
@EOT:

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