The optimist in me says that the last announcement doesnt indicate that its a dud and most posters including those with more knowledge on the fraccing process than me agree.
As you know, in the past when they landed a dud there was a long period of silence after initial words of optimism and you could easily believe that scenario is playing out once again. Remember though the SP pull back has occurred on small volume and the rest of the sector is in the doldrums also with commodity prices not exactly inspiring investment.
So I feel its too early to say, lets hang 10 a bit longer and see what unfolds.
Hoping for an update within the next week or even today.
I know they were kotowed by our company but hey WI and HC any chance of getting us an update from the locals?
STX Price at posting:
17.0¢ Sentiment: Hold Disclosure: Held
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