I'm a holder, but unless I'm reading the info incorrectly, I...

I'm a holder, but unless I'm reading the info incorrectly, I think this stock is at least 2-3 years away from actually shoring up a reasonable 2P reserve.

I have been a holder of ESG for a few years now, and while they have a 2P reserve, it wont be until late 2009 until this reserve will be extremely significant (ie. 1300PJ).

Now, ESG began drilling 18 months ago with excellent results. But people need to be patient with CSM companies as it is a long process in actually verifying reserves.

So, while full value will probably be realised in about 3 years, it is some time away.