Replies to post #8135 on Pilgrim Petroleum Corp. (PGPM)

[downsideup]

I agree. I think it useful to be aware of the risks... but don't see that as giving a reason to expect only a worst case outcome is possible, or giving a reason to accept one if it comes. We've really set the bar on the expectations here pretty low already, and it should be possible for them to exceed those expectations by a wide margin without getting close to giving anything away.

I'm not in Texas, and don't really know anyone there now I could tap on the shoulder... so I don't have much of a feel for the evolution in the expectations re the extent of the Barnett. I expect a little bit of effort expended there might do some good in fleshing out the nature of the risk inherent in the expectations that there is Barnett potential in the PGPM now ACLE holdings.

[thineer]

Cash sur-prize? come on, give me a bank and happy Christmas to ya all!!