All of the resents posts have clearly shown how frustrated we all are. Opinions on both sides of the fence and I appreciate both.

here is what I'm starting to think and this is just my opinion. i have spent the last several days collecting insight from venture traders.

I do not think that MEO et al are withholding the huge news. here is why. There is no way that someone would not have heard of this. Someone's uncle who knows this cousin with a buddy working on this rig in TN. etc etc. Tight hole status or not, it gets out!

With almost certainty when big news is coming down the pipe, most companies big or small are forced to issue a NR sooner then anticipated because the news leaked, and the vol & SP of said company started to move. Big news is hard to hold.

I'm begginning to think MEO is having difficulty estimating the reserve amount with a play this deep. We can't forget they have to be super cautious of how they do things down there.(competion, and don't forget enviormental watch dogs)

They are probably aware of the elephant's height and weight (from this location to that location). I don't think they as yet know the elephants weight( reserve numbers)

As frustrated as eveyone else..just trying to stay positive!

Happy 4th of July to all of you south of the border!

F