My prediction, absolutley nothing! Nothing has happened in...

My prediction, absolutley nothing! Nothing has happened in years.

In my opinion the next announcement will say something along the lines of...

- Myannamar bid in progress information expected Q2 (then in Q2 it will be Q3 and so on)

- We have continued exploring other projects in Russia, the Ukraine and abroad. (No further information)

- approx 2.5 mil in the bank (not enough to do much with)

- Well 201 on the decline, choke installed

- Stoliarovska survey in progress (no new info)

Obviously the above is just my opinion and no way reflects what will actually be in the next announcement. But I have seen announcement after announcement since I bought in and all are much the same. No substance and just relying on the dwindling profits of one well. I do wish management would keep in contact with its shareholders reporting good and bad news and not just wait to the obligatory quarterly/yearly announcements to let us know whats happening.

I still believe this company has potential and is undervalued.