Spoke with ALS in CalgaryTalked a long time with Chad from ALS at the Cowtown conference the past few days. Not much we don't already know: lots of cash in the bank, no hurry to spend it - will be deployed opportunistically as things come up. Refinery pretty much dead. They are, however, very bullish on the potential value Alderon's exploration may add over the summer. Always a good idea to accumulate on the dips. For extra leverage, holding some Alderon shares might be a good idea.