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Re: None

Monday, 07/30/2007 1:56:05 PM

Monday, July 30, 2007 1:56:05 PM

Post# of 13335
Just spoke to R.Bednar: He indicated nothing earth shattering yet. His concentration is mostly just day to day operations. When I asked him specifically he said the progress is positive and ongoing.

One thing about him is that he seldom puts out anything which won't happen or which is not very conservative in nature.

Many of you other shareholders have spoken to him on the phone, and imo his credibility is very strong. As a couple have posted, he still plans to put out a shareholder letter or a PR status update within 30 days, so hopefully by the end of Aug we shall see what is happening more precisely.


He mentioned that they are putting together investment proposals for new outside drilling monies mostly for West Va and wells or leases not covered by Z2.

For now it is gradual progress but not huge leaps. My interpretation. He feels that the previous pace of PRs was really wasted time and $$ and the SP seldom reflected the good news.

So it is chugging along imo, a small company just doing its thing
without the ordinary hype and pinksheet baloney.