Petrel Resources - moderated discussion/research part II
mclellan - Thu, 28 Dec 06 :
Simon K- Is it at all likely that Itochu, a major consortium, would kick in money if they did not have reason to think that Petrel have decent prospects in view? No...
The derampers, aided by the latest addition, Markqi,never seen before, are desperate to talk this down.Their attempts today point to the fact that they are worried that the price will rise..otherwise why do they bother? To save people from their own folly....hardly!
They are laughable.
One of the main things Horgan pointed out in the interims is that they can only release information with the consent of the IOM, even if it is a milestone event. To that end, they have kept 'schtum' for 3 months and not even commented on the seismic results from East Safawi or Merjan. Why?...because they are of no interest?.. Unlikely..Because they are waiting for legitimate title to be available?...more likely.
Read the company information, dear readers...and do not listen to crap from the derampers who seem to be more confused than usual today...lol!
