i'm in at $1.78

I'm in at $1.78. I think they were undervalued against long term performance, and with the shale gas announcement we have a catalyst to turn around the momentum and deliver some alternative revenues while they continue exploration. It seems like about 50 cents of risk on downside and about $2.50 of upside, so good risk and reward.

We might see some weakness as it retraces further, but I think it wasn't worth waiting for the better price.