The facts as of Feb 2007 SME and M.S.Francesco, I'm a long time SSF subscriber, M.S. made it very well known and announced publicly the extent of his involvement, I do not have the specific edition in which he did it but he was not trying to pull wool over anyones eyes or mislead. It was the focus of one of his editions so to claim that it is some mystery that someone noticed or figured out is just plain wrong. There was nothing to hide and it was very open.
As far as SME is concerned, the Feb 6/07 update says it all, 3 times production and 3 times reserves, it is straight from the source, Scott Zimmerman as follows...
"J. Scott Zimmerman, President and Chief Executive officer, said: “2006 was a milestone year for Storm Cat Energy. We enhanced our position in our four core operating areas, and GREW PRODUCTION AND RESERVES THREE-FOLD. The PRB saw substantial production and reserve growth and will continue to be an area of focus, with more than two years of drilling locations remaining. We expanded our portfolio with our acreage acquisitions in the PRB and emerging Fayetteville Shale. Plans are to begin drilling on our acreage in the second half of this year. In Elk Valley we drilled and completed five wells successfully and are currently placing the wells on initial test. We look forward to sharing the results from Elk Valley late this year. Finally, we have drilled five wells in central Alberta and continue to explore exploitation opportunities. With our 2006 accomplishments, Storm Cat is well positioned for growth in 2007, growing our proven reserve base, production and cash flow while increasing shareholder value.”