drilling operations future exploration ann, page-24

Nothing has changed' is hardy a great sales pitch! We need management to report to shareholders on Grieve progress. If there is no progress on such great potential, then shareholder can hardly expected to be enthusiastic. Thee lead time to production is quite long, and there are other opportunities out there.

We should note that a cap of $20m for gas holdings valued at $305m (BO @ 85$US) plus existing production and exploration, is still a juicy proposition. The complete lack of announcement on its progression will drag the price to unbelievable levels. When confidence is lost, the least management should do is BUY the stock themselves.