Member Info for jackpack

GAS
My thoughts for frr are that it will follow a similar path to aminex with its gas discovery, ie they will involve a company such as io which is part of Baker Hughes which in turn is part of the american GEgroup. They do all the specialist planning, we were told at the last meeting that the probable next step is 3D work which usually means a 2 or 3 well drilling program followed by a pipe line designed for taking gas to market.Firms like this can arrange finance or farmout etc they are specialists in taking a discovery first to production and then to market. The silence from management is likely good news as it is similar to the approach other companies in the past have adopted with a gas discovery seeking a farmout partner especially if it requires a much larger partner due to size of discovery.

It should be remembered that we have a large number of small time shorters around this share - however they mainly use spread betting to short and they don't own shares. so the only way they can get the price down is to either panic pi's into selling by using bully tactic's or interestingly by creating the right conditions for larger players to enter the market who can access shares by borrowing them from large holders who for a fee will lend them thus creating unusual trading patterns (remember all the ya shares sold into the market over the last twelve months a number of these may have gone to holders who can lend out or short themselves) > however the problem for the small time shorter is that these will have to be either returned to the lender or bought back in order to make a profit on there original purchase thus creating a much higher price than would otherwise be the case on news. Thus the spread betters get stopped out risking a loss. The larger holders who bought from ya at a higher price are not in the business of making a loss and so far there has been no news that warranted such a price drop. It has been shorters acting in concert to create a false situation where they can bring about a price drop to make a profit.

If Ya do not sell their 10 million shares until the share price goes up and there have been various possible share prices mentioned from .65 to 1.90 over the next few months on the back of some good RNS's and they may have more idea than most as to what is possible. Then they could get a really good return.

FRR headquarters are Houston Texas - this puts them under the regulations and protection of the US Securities and Exchange Commission Washington DC website www.sec.gov. (despite been Cayman registered as confirmed in a conversation yesterday) . If you engage in a course of action such as a pattern of cancelled sell orders in order to bring a share price down by deception similarly if you engage in concert with others to bring a share price down by deception (ie. multiple negative posts on boards using different names) it is illegal. The US authorities take it very seriously and the FCA do listen to them and people find themselves facing prison in the US . Please complain to them as I have done

frr headquarters are Houston Texas - this puts them under the regulations and protection of the us securities and exchange commission Washington DC website www.sec.gov . If you engage in a course of action such as a pattern of cancelled sell orders in order to bring a share price down by deception similarly if you engage in concert with others to bring a share price down by deception (ie multiple negative posts on boards using different names) it is illegal . The us authorities take it very seriously and the FCA do listen to them and people find themselves facing prison in the us.Please complain to them as I have done.