Ann: Rosewood Plantation 21H No.1 Drilling Update, page-20

re: Ann: Rosewood Plantation 21H No.1 Drillin... Lots of bits, particularly where you make success sound so certain and act like this isn't risky.

Not that I'm touchy or precious or particularly care, but as a shareholder it quite literally is my business.

Yes, they've no doubt learned something from their failures, and like you I hope that it will be enough to make this one a success. I don't dispute that. Obviously a track record of failures also indicates a high likelihood of further failure. Why do I continue to hold? Because I like risk, and also because if I tried to sell all of my holdings I wouldn't get a good price. If someone else tried to buy as much as I have they'd have to pay a lot more for it, which is why I wouldn't particularly recommend buying right now. That's why I hold rather than sell. If I could get 9c for all of mine right now I'm not sure what I would do, but I would consider selling. Not because I want to 'cut my losses' - I don't care how much I paid for it, whether I've made or lost money up until now is irrelevant to me; what the holding is going to do after now is all I care about and base my action on.

It's bizarre that you would say it's rude for me to express my thoughts while you're expressing yours, unless you also consider yourself rude. You're free to tell me I'm crazy, but unlike me, you seem quite touchy and emotional about it. Ideally, I would like as many people as possible discussing the company in as rational and realistic a way as possible. I think being heavily biased can be counterproductive, particularly if it is towards optimism.

Anyway, I've said my piece to you, if you want to keep ramping that's your prerogative, if I comment further things are just going to go in circles from here.

Good luck to all holders! :)