Eagle Energy Inc T.EGL.UN

RE:RE:3rd Quarter Report is coming out next week...

[JReynolds]

Well, as they say : when the going gets tough, the tough gets going. We will see now what are the plans by the BOD. There are price-hedgings put in-place, this time we'll see if those hedgings really work to our advantage. Times are not good now,...I'm thinking, it is during times like this that people go in and manage to average down the price by a bundle. At the same time, it is also during times like this that people are taking the risk that the company will not go under with what they have invested into the company. We have seen this phenomenon over and over again with different sectors throughout history. Here we go again with the energy sector. We have to decide now if this is the bluebird that we have been waiting for in order to pump up our personal balance sheets. If this bluebird flies away, we'll be back to our high-priced holdings again, since we have missed the chance to average down, and to capture higher yields.