Houston,

I think that was a good post man. I would have to agree. No matter how good the news is, I think it's profit taking like you said and also just the markets being down in general. I don't think this is a news driven market right now. TLM released there largest quarter ever a few months back, and look where it is now. If you look at the tsx, the market did need a correction but the price of oil and ng falling to where they are are a bit overdone in my opinion.

QEC on the other hand won't be priced based on the market conditions or price of commodities, but more on how much gas we have in the ground and what those flow rates are. If they meet expectations, then you'll see a lot of investors jumping to get in, because a great find, no matter what the market conditions, is a great find and will be priced accordingly. Investors won't sit back and not buy in because the markets might be unstable.

So just best to wait it out and I would think things would start to pick up by the end of the month. For QEC holders, the main thing is just proving up those numbers and the play itself...and we are off to a great start.

Rocco