stuffed, page-2

Dapper, I feel pretty much the same. I wrote my shares off years ago and thought - if they go up to 15-20 cents that will be a real bonus. The fact remains, there is stuff in the ground still. The Pelican still holds the permits, it's just got entangled... again in the political lines of a small government that has been "helped" by greens from various places around the globe. Some of their concerns are ligit but they don't apply to PELs operation. I think the Romblon govt is very busy at the moment answering questions from some bigger players in the area. I believe the new CEO who should know the people and how they think, in order to NOT upset the authoroties, is flying low and letting the bigger boys wear'em down. This moratorium will not go on for ever, don't think the Manilla govt will allow it. But giving the Romblonese the opportunity to be seen as addressing some enviromental concernsis important.
In the meantime, don't give up... would it be famous (infamous) last words to say : wait just a little bit longer !? This is probably a good time to buy back in or accumulate.