Ann: Research Report , page-29

hi SJB

everything you say is correct, especially re the lack of news.
is it possible PT has all his eggs in one basket at the moment, hoping, praying that LRD take up tranche 2 so a 2013 drill program can begin???

quite possibly will hear something today on this, if not, tomorrow is the final day.
if they do take up 40 million shares at 5c you seriously wonder why they have allowed their first $1 million investment to lag at close to 50% loss for the past 3 months, you could almost suggest, have they been responsible?

putting the cart before the horse there though, lets see what they decide first but surely, SURELY Peter knows he must inform shareholders shortly.
what was released in the quarterly is just not sufficient.