is ctp a "supergiant " oil field , page-77

A lot of disgruntled shareholders are making comments that the market does not think too much of the coal reserves.

I disagree to an extent. I believe this is in part why the price rose from the 8's to 14 c range.

We have had what seems like an eternity where the price stagnated around 14c give or take an cent. The SP was waiting on some form of direction based on results or perceived results.

As many should know the market does what it chooses and can in effect work like a stack of dominoes. Herd mentality at its best at the moment. It only took a small decline and a couple of large sells to start the effect. Combine an overall market freefall and you have blood in the streets.

This could go in either direction but if it showns some upward direction I will certainly top up if / when the trend changes, after all nothing has really changed except we had a poor hole but that could change pretty quick if / when we get some better results.

I will sit and wait with fingers crossed, but certainly wont be trying to pick the bottom. Good luck to all holders.