Thursday came and went without any "important announcement" by InterOil. Is Blair Price of PNG Industry News sorry he reported that quoting unnamed sources? Nope. In fact, it's the readers' fault for believing his stuff: "It should be noted that there were some posters on certain message boards who also suspected a big announcement was coming Thursday and these claims were made before our recent report," Price writes today. (Would think an industry journal would want to be more prudent than anonymous message posters.)
Price adds: "In regards to some of the comments made against the site and its editor, PNGIndustryNews.net is hopeful that some InterOil stock traders, if they are not being disingenuous, become smart enough to know that a claim attributed to a source does not mean it is made by the reporter who wrote the story."
Yeah, right. Credibility: nil. The link: http://www.pngindustrynews.net/storyview.asp?storyid=9637890§ionsource=s0