buyers building slowly, page-3

Hey Jake,
Thanks for the reply! Yes I agree 100% a good deal for both; I have been looking at Mosaic oil and can't seem to find why it is not at far higher prices. If you have a look at Bow their share price has taken off big time but Mosaic is slowly moving up and could be about to blow it's top IMO.

Mosaic have heaps going for them, lots of cash in the bank.
Good projects, production and reserves.

I think the Silver Springs project is very, very interesting. I cut and pasted this from the web-site:

Mosaic Oil is looking to develop a new business opportunity in underground gas storage with the Silver Springs-Renlim gas field, the largest gas field in south east Queensland, with 100% ownership and the potential to store up to 100PJ for the prospective LNG ramp-up.

They have lots and lots of great projects that I could talk about all day! I really think this one has been over looked by the market in the past but that could be about to change due to the current Coal Seam Gas climate and companies that have an interest in (CSM) seem to be taking off;p Mosaic oil don't only have an interest they also have great partnerships and are already doing very well. I my opinion these guys are ripe for a take over or a big rerating.