Ann: GGP Acquires 9% in Bullseye , page-36

I am back but the grinch moderated my moose......Bugga

Frosty, I have a feeling they know more than they are telling (well that probably obvious). Bullseye production may have dropped but I think they are itching to go deeper here, once production ceases at current levels.

I still cant help but think SG has got his hands on more data which obviously he did not share with MDA. I was reading something a few weeks ago about 4D seismic surveys which I believe is a composite of multiple 3D surveys. I think he is re working the permits held and I also think Padre will play a part in this too.

I really think GGP will [HAVE] to provide an update on Fausse tomorrow, or the market will think they are withholding negative information. Update tomorrow would be better than thursday as its a very short trade day.

Trading today was very slow, but I do suspect the announcements in past 24 hours have assisted us to hold our ground more so than VIL. MDA got bashed about the ring today on next to no volume but also no one has posted anything on their threads for a month. (would the last person to leave please turn out the lights there)

In summary, SG is sitting on something and we will be in a better position once that is identified. Get xmas and NY out of the way and more people might be ready to jump in, and that is not even considering the Fausse upside either.