What I can't understand; when have those people who are selling their shares, finished the reading and understanding of those issues released with these announcements, and selling their shares?
A lot of work is involved in these transactions. I still couldn't make any decision by reading nearly two hours. Am I very slow, I don't know.
When I look at the Ambassadors PEL-570 tenement, it looks very good; A proven basin centered gas accumulation. Directly connected to the East Coast LNG facilities. Ready for cash flow. Same for Eagle Ford. They are also both subjected to shareholder aproval and drilling success. Then what's the panic for, I don't know?
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