Why wouldn't I be?All we have here - the entire reason for the...

Why wouldn't I be?

All we have here - the entire reason for the sell off - IMO - is that the timing of the operations didn't meet the appetite of the short term trader.

Thats it.

Reasons for the time delay - the fingers pointed etc at who and why - it doesn't matter and it's irelevant.

What matters is the game has just been delayed a few weeks - thats all.

This isn't a disaster - This isn't a duster.

This ISN'T MEO.

Look at MEO - they released a duster - an actual announcement saying "NO RESOURCE HERE" - and they suffered the same % loss as we did with the "We're behind shedule - got some rather piddly flow rates too before we go so here you have it" and boom - we have the SAME % sell off as MEO.

MEO then went on to do ANOTHER duster - 2 weeks consecutively - and again - the same % loss.

Now ask yourself this question:

If we don't have a duster - should we have lost as much % of the SP as we have?

I'm sure you realize that when A doesn't equal B - and B is where the price IS and A is where it should be - doesn't take a Wall Steet Super Kid to realize this is an over reaction.

NWE is Oil and Gas - it moves on actual finds and drops on dusters - we've had neither - yet we swallowed a pill that should have come with a duster.

We all know that the frac section they sampled with this announcement was the lowest on the totem poll of possibly gas - why they fracced etc - again - beyond the point of this discussion.

What happened last week was tantamount to a punter tearing up their Melbourne Cup stubs just because their horse got moved a gate - the reaction of some you'd have assumed the Punter tore up their stubbs before the race has even been held.

So if you're plan is to hold this for 3 days to make a quick 10% before you move on to follow the next "it" stock on HC - I hate to break the news to you - but NWE aint the stock for you.