What a dayA while ago l posted l had talked to our CEO Ingram Gilmore and l came away thinking something was in the works , a tuckin or a land acquisition , well it seems it was a land package to bolter drilling opportunities and positioning Gear for the future. Nobody likes a div cut , but today's selling was pure lunacy.A 15% drop in SP because of a 6% div cut.Panic selling or Frenzied buying is not an investing thesis.Fortunately it seems their are a lot of pragmatic , loyal shareholders here , along of course with theI told you so idiots who don't own or have the attention span of a Flea. With the $1350000 per month saving from the div reduction , over the next 5 months l would like to see the following . 1 million a month debt reduction to show the Street MGMT means business and that would cut the debt by a third by year's end. The rest or part devoted to additional land buys and if the price of oil holds strong or increases then GXE and us that held will be major beneficeries.