.

so based on the drilling progress from the first Putland drill, to reach their TD for the 2nd one, if starting in June I make it around 10 weeks (250m) per week.

PL talks about Market conditions and short term investors but he should realise that during market turmoil, smaller companies always struggle because of risk. However, additional failure by the company to deliver on their statements adds to the loss of confidence. He needs to understand that giving aggressive dates and then not meeting them is not good. he would do better and say by end of the 1st 6 months we expect A, B C to be completed and then give updates throughout. In my opinion he oversold Putland in his initial RNS and did not consider investors risk appetite. Personally, I think he knew the 1st well was not going great and hence the early start on preping the 2nd well. He also got the delivery of the testing equipment wrong but again could have been his mirage to build up the SP and so get the Institutionals invovled. again that should have been a sign to us, with the potential that he was suggesting and the SP reaching 16p, he could only get a price of 12p. That said, hopefully they have learnt from their 1st Putland drill and now know that they must drill smaller bore hols so can use the testing equipment. I hope he is honest enough to admit that he also has managed the communication poorly.

Are we just being fed a load of bull on the testing equiptment, Africa oil ( Horn) with the wrong gear hmmm well we have to believe them dont we. Good post pumben

here is another example of his poor communication. This is from the quarterly post on 1st May for Colombia:

Colombia

During the quarter the Company announced that it is had secured a
65% farm-in opportunity (350m of 3D seismic, 2 new wells and 1 well re-entry)
on two highly prospective licenses in the on shore Putamayo basin in Southern
Columbia. The finalization of the farm-in agreement is subject to regulatory
approvals with full details to be provided upon regulatory sign offs being
obtained. Range anticipates being able to announce full details of the project
in the next 2 weeks.


Unless I missed the RNS, I would have made 2 weeks being 15th May for the full details of the project, where is it ?

I believe this company has the potential and have invested for the 2 years timeframe but PL has to step up and manage the expectations much better. This is people's hard earned being invested and do what he says and get some value for the shareholders !

Agree p , like we have said in the past he must be under pressure with this sp. I think Range will up its game now. I know PL did not expect a sp fall of 40% + with the poor
Puntland communication RNS, hence the fire fighting next day Puntland with more detail. We have put up with ,mass games play with this company, now it is under pressure to deliver.

http://www.marketwire.com/press-release/horn-petroleum-15-million-private-placement-tsx-venture-hrn-1660233.htm

Good evening, well at least it ended up blue (makes a change as we know of late). Cannot wait for Thursday afternoon as I keep loosing my connection now with across the road. Been a beautiful day so that is something to be grateful for. Cannot open any of gibbys things up that he keeps sending despite I punch the jargon in it won't let one watch the videos. Not to worry. Long may the sun shine.

Hi 3m, long road to recover now. It does make a change. You have not missed much not opening gibbys posts lol. A very nice day today.

Going to retire soon and watch a little TV in bed, been up since 4.30 goosed is the word not sleeping at all well of late. Hope things don't go too pear shaped whilst I am out tomorrow.

dc lol some of my posts resent
http://www.youtube.com/watch?v=kSWWQjyfXlI&feature=fvwrel
http://www.youtube.com/watch?v=ympD-dQVMco&feature=fvwrel

Thought you had won the lottery lol You cannot watch the screen all week, go out and forget about shares.

so that's the hatrick, RMP, RRL and Horn all raising money for their Putland commitments. They need to deliver or they wont be able to raise much more in the future. Interesting to see that they must hold warrants for only 4 months.

Heres one for you gibby and RRL.

http://www.youtube.com/watch?v=Y8u-O3LwM1M

Cheap warrants for the mates . Not nice to see when a lot of public investors have been burnt big time. Horn know a little more than us perhaps.

dc mate my links aside i think rrl and rmp well priced but as dell boy would say no inome tax no vat big gamble right now good to see buys being filled DIRTY mms doing their stuff

Next Puntland drill wants to come right with directors showing confidence in the purchase of shares. PL has lost a lot of credibility now with investors.
If we get the find they are looking for and the whole basin can be proved up
and sold, we could come out of this not to bad. Yep it is a gamble gibby.

Good evening DC don't think there is a lot to be said at the moment on this - at least my other did not flop whilst I was out all day. Mot failed so have to find another £250.00 pounds next week after the £164 today for a service plus the original MOT for this year - Life can only get better or so they say. However, just pissed off at the moment but hope you are okay and everyone else on this board. Got to think how lucky we are, so be it frustrated to say the least but better than trillions of others. Good Night and I await patiently for BT to fix my internet tomorrow.

Keep your head up 3m its not good times full stop. Hope you have the internet fixed tomorrow. Look forward to putting some good news for once on here.

3m bad luck mate i hope it gets better

3m and dc i find this very funny as the speaker says ORDER gl

http://www.bbc.co.uk/news/uk-politics-18177405

The speaker has a smirk on his face as he asks DC (not me) to withdraw the remark. lol

Me to - just had my house alarm man on the phone and he wants to come to service my house alarm and put a new box outside the house so I have had to tell him it will have to be put on hold at the moment that is another £200 so that is the end of that one for now - Head up arse down is the one at the moment. Would not mind but all of this expense does not get home insurance down unless connected directly to Police Station which is very hard to do these days and has been for a few years so why do I bother?? My groan for today over. Lets hope tomorrow is better!!!!