Buccaneer Energy Ltd. (fka BCGFQ)

[Greenoilman]

Board shake up is interesting, it was obvious that the Pacific Sun and Harbor wanted control, they didn't get it because Meridian came in and bought the majority share. However, Meridian did give them the nod and add their members. But the new direction would only have worked if Meridian agreed. They obviously didn't.

Meridian must be looking for something beyond the squash and privatise that these guys were after. They are ready to abandon the singapore investors and proceed on their own which is a good thing in my opinion.

These guys will take profits and get out.