management committment , page-20

Lookandsee, and all

I don't find the trading strange, to be frank. It's the old story and I'll air it one more time.

Any prospective buyer or a concerned holder who did his due diligence (including perhaps a review of HC) would soon find the association with PL, Okap and 1 Havelock St.

They might then check the fate of other companies with a similar association - some at least don't look too healthy.

Whether that association is in fact significant or factual is not important. Gus, my old headmaster used to say 'If you fly with the crows, expect to get shot at'.

Simple, mate, we are being shot at.

However:

If those researchers were to look a little deeper they would find that one of those companies, Range (with the help of a shareholder revolt) have managed to partly sever their association with PL/Okap, but Range does not have THE POWER OF OIL which we believe CTR does.

Those same folks would notice that CTR has a similar 'friendly on the board, revolt'. They would rightly conclude (IMO) that with a changed board and with the cash flow from two producing wells and the GOODWILL of the CTR and LAR management which success in the field will surely breed, that this company would become an outstanding investment.

I believe this CAN and WILL happen, but we must maintain the rage, for the board changes we need.

The end result will be that this little small-cap oiler will get a very acceptable t/o offer or become a mid-tier oil producer by M&A.

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My money is where my mouth is -- I'm googed up, but DYOR.