Ann: Poseidon-2 Progress Report No 18 , page-29

Interesting to stand back and watch SP / & Comments , you would think with the extended activity/time at P2, intuition would be pushing the purchase button to buy in anticipation of news, but the juicy $7 levels are still everywhere. You suspect the news is going to be great, I rate the chances as 80/20 now. ie, Good -V- Horrible. And what will happen either way, a good report soon , we are back at $11-$13 levels (P1 to follow)with the promise of even better at the next holes (SP basically up 40+%), Horrible News viz. Instrument problems / 'Inconclusive' or plugged and moving to next site, slow gas flows, further mainland tests awaited would surely see $4 levels.I guess all the fresh buying has been fulfilled over the last 10 days and people are content with their position and now just wait.'Inconclusive' has been well factored in by now. What is winning at present Greed or caution.The interesting time will be once the next news breaks, as we have had plenty of white knuckle stuff and news of either type will cause a huge re-rate this time. Caution in place now, Greed will re-emerge later..