RE: Blew my LEG out today...
Smart move, especially since they have had poor wells in every area they have drilled. 2 wells in Antler area that are salt water, they surveyed 4 other locations in area that are now on hold, well at Taylorton 9-21-1-6, constructed but not drilled and not going to be drilled as when this was staked they never had a real geologist in the Calgary office so they were just flying by the seat of their pants, and their last 2 wells in the Creelman field have been horrible as well. Not looking good so far in my opinion but they have the financial backing with Mr. Colbourne to some how just get $$ from trees and bail them out of any kinda trouble they get themselves into
----------Original Message Posted 3/8/2010 6:35:28 PM----------
I blew my shares out today at just under $13, good timing. I think they are fully valued here, especially if oil falls to about $77 per barrel, where it should be.