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Gold/Mining/Energy : PETROSTAR
PEP 142.23-0.9%Jan 2 9:30 AM EST
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To: Westboro who wrote (43)4/8/2011 10:17:34 AM
From: james flannigan  Read Replies (1) of 50
 
I too hope a new plan is forwarded by PEP very soon. To announce the break off of the CCMB deal and not put a plan out very soon will call into question the credibility of PEP.

We found out the hard way CCBM has no credibility.

I would urge PEP to lay a plan out soon in the next few days.To enter a new deal with a JV puts us back at the starting gate and only delays drilling again.We will see in the next few days if PEP has the right management or not.

I support the decision to terminate the CCBM deal.I also expect PEP to tell its shareholders were they stand and I don't mean a few months from now.

At this point PEP has my full backing.so let see what happens.

James
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