Ann: Catahoula Lake Project - Results of Third We, page-15

re: Ann: Catahoula Lake Project - Results of ...
Buckland,

Asking how the sellers know is suggesting of a leaky ship of insider trading. Bit bold making statements like that.

Its only a speccy stock of el cheapo price. 3 drilling programs on the way in good areas and ppl buy on hype. Maybe hit and miss, ok to say you have something but not back it up with IP rates, some will bail out in fear not being great.

Look at the global markets, many dont ned anns to fall, they are simply sold off in fear and pplhave sustained enough loses in recent times so they sell and sit on them.

Commanchee, Sombrero to me look safe as to being commercialj jut need the figures to support it. The lakes well Id be hppy if it was just 4/8 that are viable producers.

Not surprise me if more acreage is bought in surrouding leases showing confidence in these areas. Plenty more drills to come and the way the market is, is fairly safe to hang on these OTE shares without sustaining too much of losses. A good strike would give us a nice ride up.