disappointing ann, page-3

Thanks for the post Exberliner. I was disappointed by the ann today as well for the short term. With the way the market is atm we all know that fundametals don't count for anything, but rather market sentiment. The sentiment on this stock has been great recently and coupled with the accumulation by large s/holders has really held the price up fantastically well.

My concern now is that sentiment turns in the opposite direction. Today's ann certainly doesn't help in that respect.

I understand that assuming there are no real unsurmountable problems with the drilling approval that in couple of months all be well again, but for the short term, the next couple of trading days will tell if sentiment has gone south.

My hope is that the s/p stabilises between 35-38c and holds, for hopefully a steady rise over the next few months towards October.

I still hold.