if indians (& $) are coming is it pre spud ?, page-5

This is from the BUY forum, written by bhom.

"Hi All - I just had a conversation with one of the BUY directors and he advised that the Ocean Patriot will be leaving for PEP11 drill on the 7th Dec and will take 4 days to get there and 4 weeks to drill the hole. I questioned the current lagging share price and he said "just watch this space". I spoke to him regarding the Indians approaching MMR and possible takeovers. He said that management would be agreeable to a takeover, and if this was going to happen, it would be once a successful discovery is made. He also said that they plan to drill a second well in PEP11 next year and have a number of things in the "pipeline" coming up soon but can't discuss this with indivual share holders hmmmmm sounding good. Ho Ho Ho Santa might be bringing some good news to all holders."