Ann: Trading Halt, page-27

Wasn't June 2017 just a little over 12 months ago ....
http://www.fremontpetroleum.com/wp-.../developing-colorados-next-major-oilfield.pdf

A few details missing (e.g. price assumptions, costs,  from the slide but nonetheless this is the line in the sand so to speak.



from that very same presentation



AND REMEMBER this was back in June 2017, and the presentation is about developing the next oil field



Low risk right?????  Reflected in the forward plan



I say, I mean I say again son, "What has changed?" .... Well price of oil started going up in the 2H of 2017 and into 2018 ... it was a great time to be an oil producer.

I don't need to pull anymore slides from that presentation ... look for yourselves .. what is the problem do you think? It has NOTHING TO DO WITH "HC DOWNRAMPERS" ... delusional if you think that. Wouldn't you expect some progress on those 8 wells to be drilled in 2018??

Now the 2017 Annual Report has the full Reserves & Resouces which I believe the comparison would be made to. Same overall number $15,847.89 NPV10


and



I'm not ramping one way or the other. The company was clear on where it was and what is was going to do in their presentation of June 2017. What progress has been made on that. Judge the company on those results and not what is being said on this board. 1P Reserves makes (in theory) money for the producer. Resources do not.

The Reserves/Resources report has criteria it needs to follow.

GLTA and on this stock DYOR and then do some more!