The Pattersons team of investor's are ruling the ship as predicted.
Some thought it was a good idea that they were coming on board but I predicted and stuck to my guns that this was not a good idea and it has turned out so.
I am still holding all my shares because I believe once they have rooted out all or most of the existing holders they will push it as they start to drill and interest picks up and as they inject more advanced projects and leases into the mix as well.
There are too many bigger shareholders holding the stock now for this thing to fail. By the looks of things the stock is very tightely held between mainly Patersons shareholders and others. We just need some news and for things to fire up a little. Hopefully this other guy they added to the board has some common sense and can get things going!
The other option is we might go to an EGM to try and reinstate some form of UCG operations in the company as well which I would like to see! Why not? When you have Dr Green there and some contacts. These guy's who have manipulated this have ruined the stock but one day they will push it back up to fund the company and recover money, just have to have patience until that time unfortunitely.
The Pattersons team of investor's are ruling the ship as...
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