Pilgrim Petroleum Corp. (PGPM)

[2hars]

I agree that we are at a cross roads with this ACLY deal. However, there is absolutely no way that I'm going to believe that they hadn't resolved "ALL" or "MOST" of the issues between the two companies before Matt went on his vacation. Since this just so happens to be the most important "ISSUES" that PGPM has had to face in the last 36 months. I would hope that both sides had their legal representatives look over everything to make sure the terms are in the best interest of the shareholders.

I personally feel a little leery of this Russian deal. I would much rather have what awesomebummer suggested in an earlier post regarding;

get back a few of the lease properties, now, in appropriate condition at ACLY's expense and fully ready for the technology to make them productive. Cherry-pick the ones O'Bryant thinks he can make the most profitable.

I believe this will get PGPM back on it's pre-ACLY track if we break away and start pumping in our own backyard.
JMO
2hars

--------------------------------------------------------------------------------