Ann: August Operational Update, page-28

While the mineral sector and XEC in general are rallying I don't think LPE will move too quickly, not because it's a poor company or investment opportunity but simply because it is a longer term investment rather that a fast moving punt. The current business model reflects solid growth with a clear CFP pathway but the short term blue sky is limited. Typically around October the XEC begins to cool off and the rapid gains become much more difficult to find. IMO this cooling of the XEC will be the turning point for LPE, utilities with recurring revenue and limited downside risk are a safe haven and as such I think many including myself will soon be seeking to transfer a portion of portfolios into these type of companies driving a fairly solid run late year.