Ann: Planet Gas Operations Update , page-7

The USA operations began with the hype of how much gas was in the hills. Some token drill holes with reports of increasing gas but in reality they were pumping a lot of water flowing off the Rockies. Ill give them they nearly had some sucker to back them then the GFC hit.

The similarity then with the US operation is the glossy PowerPoint presentation but no real substance or action. It is easy enough to find a tenement and say how great it could be but the work is proving the resource. I see none of this just reinvention with the flavour of the month.

I hold because the shares have tanked so much from my buy price I have not much else to loose on this one. I stupidly believed in their BS I was fed through many a phone conversation. Anyhow I have little faith that PGS will become anything.
At least the rest of the market is looking up!