Choose #1 or #2

#1 Is a CEO's competence to be judged by intriguing news reports that lead to a price spike about once a year which primarily benefit informed insiders ?

#2 Is a CEO's competence to be judged by a series of intelligent business decisions which result in improved operational data (production), which are regularly and concisely communicated to the market place, which can be seen as profit on the bottom line of the company's financial statements and which therefore drive the share price gradually (or rapidly) upward for the benefit of all share holders who steadfastly support the company ?

I'll take #2 thanks.

Competent CEO's know how to communicate effectively and clearly to the market place while protecting proprietary data. Thousands of companies with honest, competent management do so regularly. In MEO's case for example, it is not necessary to disclose the precise proprietary method of stimulating production in a highly fractured resrvoir etc. But accurate progress reports are our RIGHT as shareholders ! ! !

If the wells are "dry", shareholders should be informed and we should all take our losses gracefully because we should have known there was great risk in an exploratory resource project. However, if the price of our shares are being driven by considerations that benefit a small number of insiders to at our expense, there are legal remedies.

Let's keep up the pressure to ensure we are dealt with fairly. The first line of action has been disclosed in a previous post here. Further remedies will be advised, if necessary (which I hope they won't be).

Good luck to all.