Ann: Southern Cooper Basin Operations Update, page-53

No worries rexsh, I don't feel like you're putting me down and a difference of opinion is always welcome. I didn't get to read davmarc's post before it was modded but flaming is the last resort of one who knows they've lost the argument, IMO.

At this stage the economics are irrelevant since they still haven't proven the play technically. I have always said I don't plan to invest until I see good gas flows. So right now I'm just waiting for that - I have my model and it agrees nicely with theirs. That's good enough for me. Simple fact is there is still so much uncertainty around the accuracy of the model that spending too much effort on issues such as whether the saturation is 40% or 50% at this stage is irrelevant because the true number will be confirmed by production testing. The proof of the pudding is in the eating, as they say.

As HC has alluded to there are downsides to contacting management too, and at this stage, I don't see enough benefit to it, especially since as I said, they have already provided an impressive amount of info in their presentations and the rest of the information is a commercial secret for them.

There is also the chance that one day my path may cross with STX's in a professional capacity. I may even end up applying for a job with them, who knows? Contacting management is an option I will keep up my sleeve until I really need it. I'm sure you understand.