sml

Don't see any reasonable comments/arguments for some time...perhaps the posters are on ignore?

Anyway I re-read that once again within the quarterly 4/10 mentioned that only 1 (one) drill rig on site and another due in December 2007 (NOT 4 that I have read at another site!, however I do take into account the different ways of viewing the "particular comment" made...lol...)...

The quarterly mentioned the "Coffey report" and approved their recommendations for the 2007/2008 season. Pretty simple IMO...just keep on drilling, and most likely closer spacings to allow a more accurate estimate of what they have up there to enable them to increase their resource categories? Unless they can do this (increase by a large margin) the company will find "financing issues", jv's etc will be a problem.

The so called Coffey report seems to be getting pumped? My readings are that they, "Coffey" are just suggesting "keep on drilling", per Oct. quarterly? With only a current 55thou jorc and with something like 420mil odd fpo's on issue, Synergy HAVE to keep on drilling to form up a "reasonable resource" to secure their future. Now the company has got some funds in the till to spend on drilling for the 2007/2008 season which bides well.

Not too sure about the buyers today (lol), someone sold down 129k at .04 at 11:49. Depth looked shakey until the larger bid appeared at .041. Low and behold the 129k was soon sold into the .041 for a hundred odd profit....ehehe...Looks like the .041 was a one day only offer as it has gone tonight...will be interesting if it re-appears? Did not look like any selective buying imo....lol....

anyway good luck to holders

ps: Glen Wills not Glenn Mills...ehehehe

no position