Isn't it about time for an announcement about

[jft310]

Buffett says this about stocks. Buy a stock only that you can put away for 10 years . Where will IOC be in 7-10 years.??? They will have

a deal and the NG will be monetized and they will have multiple trains and they will have been bought out by a Super Major who has a

2.5-4% dividend yearly. Thats why I am invested in Interoil to fund my Grandkids College expenses. The oldest one is 9. IOC is not a

get rich quick stock and whinning about it does NOT drive the stock price higher. That said as risk is reduced the stock price will soar.

Betting on the when is a fools game. Not waiting is also a BAD idea. Looking out 10 years think and dream which Super Major will you

own cause IOC you will not own but you will own a Total, Exxon, Chevron type. And whats wrong with that.???

[Justin94360]

I don't think they will be spudding ELK until the partner is selected. So, InterOil is going to sit tight until their partner is selected. Then, in conjuction with their partner, they will plan their drilling/exploration plan.

John, how relevant is your post now?

What's the saying? "Ho, ho,ho" (with maybe a "toot, toot" thrown in for good measure).

Is this the begining of the begining for us and the begining of the end for the shorts?

[johnwgrant]

I don't think they will be spudding ELK until the partner is selected. So, InterOil is going to sit tight until their partner is selected. Then, in conjuction with their partner, they will plan their drilling/exploration plan.

John, how relevant is your post now?

What's the saying? "Ho, ho,ho" (with maybe a "toot, toot" thrown in for good measure).

Is this the begining of the begining for us and the begining of the end for the shorts?

Justin,

I very badly want the shorts to be crying ASAP !     That being said, my comment was based on a conversation I had with Wayne Andrews this past Wednesday where he basically said that Elk-3 drilling would not start until they had consulted with their new partner(s) concerning the drilling program.   So, if Phil is publicly announcing that drilling will start again in a couple of weeks, that is welcome news.   However, I seem to recall a few times when Phil has given general guidance regarding the start of drilling of Elk-3 which has not been met.

Go InterOil - drill baby drill !!!