Yes dissapointing reaction. I guess the market said we already knew Terry meant "at least" 1.0 mmbo. Nevertheless I'd expected those same people to have jumped onto his allusions to more oil, and generally positive remarks about the surrounding area. Perhaps some dissapointment that gas not yet flowing from the last MP wells, TF still conservatively clinging to a 8 to 10 bcf target for 2006, and lack of fresh news on Moonshine. Investors, we're an impatient, difficult to please lot aren't we. THANK YOU UNCLE TERRY, YOU ARE DOING AN EXCELLENT JOB!
However we could a an short opportunity to collect a few more, before the QR. I probably won't, looking to keep some powder dry for any post Jacala buying bargain on ROC or TAP.
Entropylord
PSA Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
