quarterly report: it sucks

And that is the best I can say about it.

IMO the company is setting itself up to be taken private by putting all the bad news and as many write-offs out in public as they can.

The total write-off of Price Lake even BEFORE the next well is drilled is one of the ridiculous things I have ever seen and IMO confirms my opinion.

That all being said, IMO the shareholders sure didn't get very good results or much quality of management for the millions that are being to the management and BOD for running the company.

Even I could do a better job and for a lot less money!!