insiders quietly buying?, page-2

insiders?? - or those who suspect Noel IS going to get a deal done an a pretty good looking prospect with gas prices heading north with added impetous thanks to the Govt of the day.

It has taken some time but TDO is in good position with still some assemblance of cash and still tight share Nos commpared to neraly all other oilers Noel has kept the Co in good shape financially in some of the toughest times. TDO's reasonable financial position means it is not a begger for a JV partner but equally not a sole determiner of the conditions given the oil & capital markets

Even at 5c any decent deal with a little cash back and a drilling comittement in next 12 months should mean a healthy return on investment even maybe for some of the longer "sufferring" shareholders.

lets hope this build up in buying is real and a reflection of a good deal to come.