There PR was very encouraging so yeah he will have some big things to say. I think this Forest and coil tubing business was a bit off, but I guess there main objective was to see which sections were most productive. A lot of people, including myself thought they were going for the one shot big hit...but to them it was just to gather info etc. Judging long term potential with the sp today is not the right thing to do...especially in today's markets. There are a TON of stocks out there that are ridiculously awesome buys, but nobody cares and it's reflected in their sp. People are waiting to see signs that the economy is turning, and looking at inventory numbers (for oil and gas), the loaning of money from banks etc. There are trillions on the sidelines stuck in t-bills and money market instruments paying out hardly any returns. Once signs of economic recovery come into play, you're going to see a lot of money pour back in. Just the way it is...people have lost lots, and want it back and want to enjoy those returns again. Plus if companies start to show higher and higher earnings, people will buy stock again. These days, it seems the markets are ruled by shorters and day traders. No question there are some value hunters out there, but being that the majority would rather not take risks, is the reason we're not seeing any heavy buying in the markets, even on up days for the tsx.

QEC has said over and over, in the last report, to me in that email I posted, that 2010 is the year they have projected for commercialization. By then I fully expect gas prices to be higher (being the shortage will be significant and production will be low) and that coupled with heavy drilling in the area and the start of an economic recovery will help the sp.

When you mentioned Pareto or could be any other institution. Right now things are so tight and a lot of them were so leveraged and still maybe are, aren't going to buy anything like las year when prices were $140 O and $14 G, it's just not going to happen.

I actually didn't mind seeing all those retail and some institutions sell...this gets rid of short term players and anybody who is just speculating without considering what a shale play is about. I believe we're getting more and more long term holders this time around...imo.

Rocco:)