I have been following progress on a Delta/Husky well in Washington State for several months as a non-investor. The well was spudded in May 2008 and initial test results came out today. They were absolutely terrible and the stock retreated at a fast pace and is continuing to fall.
Positive words and good attitudes and great geology can take a project only so far.....test results will carry it further upwards or..........?
It is a high risk business! I am very long Falcon and continue to wait patiently.