From A Beach Somewhere

Wow. No, seriously. I have been keeping up with the PRL shareholder posts on other sites and to be hones5most of it is, quite justified, complaining. However, I have been scratching my head about what the shareholder frustration is about and today I got some clues. There are shareholders who were expecting the shareholder price to ride to 20 cents or even 50 cents. Let's look at that. Invest $2000 now at 0.002 cents and if we look at their low expectation we find that our $2000 is now worth $200,000. And I am generally happy with a 20% gain. Thus does give me hope for a quick jump past 1.5 cents, and I see that some are thinking of the 5-10 cents range. I still reckon it's a great buy

Looking at some of the information out there, PRL's gas interest in Spain is estimated to have enough reserves to supply gas for Spain's entire needs for 1-3 years, and a billion dollars worth is starting to be bandied around. Hmmm.

Alright. PRL has languished at 0.002 for a while now.And a number of shareholders are getting really upset. From what I can gather this is because their options are about to expire, and those options are basically worthless. Is this a conspiracy to keep the directors as major shareholders and not dilute the share pool? This is a strong possibility given that management has been very quiet and has not released any news about anything for quite some time. And that's the other part of the frustration: the lack of communication. Yes, I even wrote to the CEO and had my say (with positive suggestions) about the company's communication policy (or lack of one). So with the options set to expire in the next few days (I believe 28 September), I will watch the activity on the market with great interest. My predictions are: at 0.002 the shares are a good buy (and much cheaper than where I purchased them); The price can't go much lower without the company disappearing (so don'...