defender on confidential list, page-4

Study

"If there is ever a time we need an increase in SP it is now. "

why ? do you want to sell now or do you just want to feel good now. Personally I don't want to sell until July 2012 at which point I believe the SP will be much higher. right now the lower SP is allowing for more accummulation. The fact that these well are being put on confidential points to the fact TB is playing a very strategic game and looking after sharholders long term.

I'm sure others will speculate otherwise

FP