Ann: Rialto to proceed with testing of Gazelle-P3, page-5

re: Ann: Rialto to proceed with testing of Ga... possum
its a tough market, and we need to assess things on a relative basis - as a holder of adx( and I am genunely not posting to rub anything in as its a terrible outcome and i feel for people taking losses ) its much worse in my opinion releasing detail that seems clear and definitive but is not. Perhaps RIA know geology better than any of us ( i know more than me ) and they prefer to not elevate info that is not truely value adding. i have seen many occasions when results are presented positively with detail that increases confidence only to be fizzers.

i have reduced my position in Ria to take losses and buy another stock as disclosed , but i still hold a decent position and I am glad they dont overhype as I could have easily been excited and bought more as opposed to selling down in what proved to be limited stregth

I expect the well to flow..... and i bought as i was unaware the first well was a step out. this flow ytesting was what i expected to happen 2 months ago without the cost blow outs and confusing we have seen and ofcurse the sharp market downturn