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Gold/Mining/Energy : Oil Sands and Related Stocks
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To: Condor who wrote (6537)2/3/2006 12:01:38 AM
From: lehiguy   of 25575
 
I personally think it is as good of a release as they can make at this time. They hit several levels of NG, and that is all they can say about it. They don't know how productive it will be at this moment until the logs are fully analyzed and the well is completed. I would rather they error on the cautious side than have a huge rally with a following sale off because of some brash, bragging, boisterous, bravado CEO (LOL). Of course you could argue why not say anything until those test are completed. But I like being made aware of the fact they hit. Just my opinion.
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