guesstimating reserve figures, page-19

Someone's just made another 160k shares available for you at 26c there, 618 - you want to grab those ones as well? :)

Heh heh... afraid not unless I sell out of something else. Given my position in STX is nearly the same as my WPL holdings, it's already pushing the boundary of one of my own rules - to never be overweight in a small cap (<200mn MC) and has no divvy. However, given its extremely compelling investment profile, I have made it an exception to the rule since it satisfies many other rules. STX is quite a unique case in the sense that it is not common to find an E&P stock that is trading at such a discount to its risked NAV and DCF valuation.

I might well be wrong on this, and end up learning a very expensive lesson. But at this point in time, I'm still quite confident that I am more right than wrong :o)

618