Having called both Falklands Oil & Gas (LSE:FOGL) and Borders & Southern (LSE:BOR) pretty brilliantly as oil junior shorts my pal the bear raider Evil Knievil and I had a good chat about which of the 90 or so juniors out there are the best shorts now. The odd thing is that despite a series of disasters across the sector, private investors still seem to be in love with a raft of pretty ordinary juniors. The astute commentator Was Shakoor summed it up the other day on twitter “why is it that across a string of wells where there is said to be a 15% chance of success only 5% seem to be successful?”
on ADVFN | Comments