Denial, Essentially would appear to be correct but there seems...

Denial, Essentially would appear to be correct but there seems some underlying confidence that they will prove up more reserves in what is reputed to be fertile ground. I know it's blue sky but at these levels the blue sky does not seem to be factored in so, on paper, it looks a bet to nothing. My mind keeps telling me: Colonel, be brave be brave be brave but it takes balls to be brave in this situation especially in the commodities space. The age old conundrum of greed v's fear! Which will emerge victorious????? Kick greed kick!