Colquhoun, "Because very few believe they will have sustainable...

Colquhoun,

"Because very few believe they will have sustainable commercial flow rates".
how do you know that ? I get that the share price isnt doing a lot right now, but remember where it is trading v's 5 months ago (and with more shares on issue).

Not sure you can say that there are very few believers that the territory will have commercial flow rates. No one would know that yet anyway. Its all a guess. however you would think, given their relative excitement over what they have and the fact they paid $3m for the farmin-back next door, that they are very confident about this.

I will also remind you of a couple of pictures we have seen of the gas pressure in the cores - remember the picture of the gas pressure pushing the rubber cap in the core capsule from a preso a few weeks back ? to me that means there is plenty of gas down there. Will have to wait for the fracking to see how it is going to flow but i would think its a better chance that it flows than it doesnt IMO.

anyway, its all speculation right now. will have to wait and see.

Also, out of any company i have invested in, these guys keep their investors very well informed. We get a notice or some other mkt information just about every few days on average. Some companies go months without updates.

Anyway, keep the constructive criticism coming as I too like to cover the downside views and take a rational view on it all.