Back inI got stopped out in may but thought it might be a good time to get back in with a smaller position. Was hoping for a massive capitulation but it doesn't look like it's going to happen. Will add more if it drops under .30.
As for the mngmt...what the hell happened to the halfway update? CLL released this a few weeks ago:
'Best Estimate Contingent bitumen resources were estimated to have increased 65 percent from 135 million barrels to 223 million barrels; the associated 10% PV increased 10 percent to $422 million from $384 million at December 31, 2009.
Best Estimate Prospective bitumen resources decreased 26 percent to 72 million barrels; the 10% PV decreased 45 percent to $129 million from $236 million at year end 2009.'
Not sure when we'll find out which and what percentage of these figures is based on the Halfway drilling.
These guys have done absolutely nothing since january. Here's hoping the wake up.