phone call regarding mt adrah ipo?, page-26

Still around Haplo

Lightened my holding when 13c failed

Actually they look like real value here, but this Bergen issue and IPO and asset swaps etc are not good, market clearly hates it and the lack of transparency of late

SOC & our 80% PMR's assets combined should be worth $20M minimum even in this market. The PMR sedex is showing real potential and Mt Adrah still has a few chances to host additional pipes or bonanza zones. Unfortunately such a tight register and people wanting to bail dove it to these levels

If it gets sold down any further id actually consider loading up, because still a chance PMR or Mt Adrah could strike bonanza. Even if market doesn't like direction of late, should still reflect some value if they hit something