undervalued., page-27

Hap, you are spot on. I would add that in general but in many instances we can see good reporting just before or during a capital raising then back to silence.

I have always believed a great opportunity being missed here for the company to take a competitive advantage and just put out some regular updates. It doesn't have to be earth shattering, we can all see the numbers are good and overall the S/h's have been pretty patient.

I can understand there may be reasons for not putting the game plan out, they could include competitor activity on prospects, lease negotiations, in confidence requirements of the larger partners such as CW etc. Also there is a growing interest around salt domes in louisiana and of course difficulty of developing an area with the Sinkhole which would be delicate.

Also looking at the other forums it is probably better to not feed the speculative fire and keep a steady course and rise on delivery of results. In the long run it is probably better and you end up with a better shareholder base. Daytraders serve a purpose but long run are not good for much productive discussion.

Have a good weekend, I sat up waiting for the kids but just realised they got home 3 hours ago and I had nodded off on the lounge. Doh!!

Cheers