another reality

1. Directors have put on public record they are confident of production from Barker Creek.

2. The levels above Barker Creek still to be tested with previous gas shows evident.

3. The share price has clearly found support at 50c and it does appear that there is an agenda to keep it above this level and push it higher. The doomsayers would have you think that this will fall to 30c. It already would have if there was such a lack of confidence.

4. On close Friday a buyer for 500k @.51c. Was not a prop and almost half the order was filled. Remainder of order still there. If this is not a lead what is ?

5. I expect the price will be pushed higher on Monday open after the strong Friday close.

6. It appears to me that some former strong supporters are now trying to plant seeds of doubt ... wanting to get back in lower to make up for previous losses perhaps ? Rampers have swapped sides and become downrampers all of a sudden.

7. The U deal is still to come and remember that the 1.9mil pounds of U was excluding anything on the Thompson side of things. Also spot price of U up again as of yesterday.

The question is whether you beleive what Wally has said or whether you believe the others that are questioning the flare photo. I tend to believe Wally as in his original update he mentioned the cane creek issue and this was part of the GDN release a couple of days later. How would he have known if he had not spoken to a director as he claimed.

Sleep tight, everything will be alright.

Footy