kingaroy update, page-3

Kylie,

I liked the whole announcement. It is honest, to the point and basically lines up with 'Cougar's' previous announcements/recommendations.
'further drilling delineating the JORC resource will be completed this week.'
'Preliminary assessments are consistent with the project economics and returns from previous modelling work for the proposed power station.'
'The Company anticipates being able to announce recommendations on power project options by early July 2010.'
Announcements such as these IMHO are highly credible. No sales talk, no ramble, get's to the point.
In light of recent announcements, I have a strong feeling of confidence in the Company management, their technical expertise and where they are headed.
It will only be a matter of time until this is reflected in the share price.

Bear.