Ann: Philippines Drilling - Jacob-1 Update , page-28

Not surprised by the SP action. People climb in to these stocks expecting immediate gratification on spudding and then panic and bail out when first indications are not to their lofty expectations. Saw the exact same reaction recently with another O & G stock even after posting positive results. GGX have a well defined pipeline of activity with very exciting prospects and excellent management to oversee the operations. Ive taken on a significant parcel over the last week and Im hanging on for the ride.

Good luck.