12-27-2012, 07:44 AM
I concurr that whatever is happening in IOC land is not going smoothly. No word on the deal with the govt that was to be wrapped up nov 30. PPS only had a handful of up days in over 3 months. I think the BOD meeting in PNG talk and the other un verified attempts at mollifying the shareholders are becoming weaker all the time. I also take issue witgh the idea that bidders might now wait till the new glj numbers in march. If thats true is a very negative outcome. I doubt it is true. I must begin to wonder at this point if that bid on the table in may has now evaporated. The continuous selling is a harbinger that we are in the mist of some type of stalemate...IMO. The time has come for a deal, not talk of BOD meetings and SM's with cash....of course SM's have cash...so what. Lets get a deal.