Apex Resources Inc (SLMLF)

[Ruellit]

Just got off the phone with John Hickey,

Q1) Why wasn't Mediacomm used for this PR?
A1) Oh, this was just a short update, they will be used for something a little further down the road.

Q2) Was the PR today about the "big project" and was this what the lawyers finished up last Friday?
A2) Yes it is. We have entered into a contract with Consolidated at a small level for the purpose of finding out how well we can work with these people! If everything works out we will do more with them in the near furture!

Q3) Has there been any developments in the Louisanna wells or court case!
A3) That has has been put off for at least two more months!

Q4) Can you tell me what the condition of the Beaufort Sea well is?
A4) No.

Q5) Does the ice scarify the area of our well in spring thaws?
A5) I don't think so!

Muel's Comments FWIW
I personally found this mornings PR to be disappointing. It wasn't written by Mediacomm, and it didn't contain any earth shattering news, bummer! After a couple of hours of contemplation about ABRG I've come to the following conclusions.
John Hickey has built a shell of a company into a debt free entity that has 2.2 milion bucks in the bank. IMHO John Hickey is moving at a cautious pace, protecting the shareholders interests, however painfull that may be for speculative investors.

muel <ggg>