Vayama,You don't have to buy or own these shares you know. Why...

Vayama,

You don't have to buy or own these shares you know. Why not pull out every duster on the TAG book, someone might draw a parralell betweeen it and KATE - but I can't.

You're dealing with New Zealand here mate. The onshore leases would have been difficult for TAG to get too due to the draconian Land Access laws in NZ. Hence it looks like they missed their deadline and have paid the price.

So before you start to bring all of ESSO's, BHP's & Woodsides dusters into the mix, give it a rest.

An Oil lease is and oil lease and not all will be winners.

But you have got to love having the Anticline and the Oil Seeps above having nothing. Oh and not to mention - ON SHORE.

PS
Oil seeping out of or into the Anticline - Hmm! let me draw a cross section - So if it aint comming from within then where hell else is it comming from.

ARE YOU AN OLD TAG Investor?