I agree with everything you are saying Inceptus. Outside the fairway is just a spec play to raise capital for something else...could be just as simple as a scam. We (meaning our collective govts and society in general) have overspent and are now paying for it. Thankfully the ÉCandaian Govt and the banks have been a bit more conservative in their spending habits aqnd investments as compared to other countries. We are truly blessed to live in a country as well endowed as Canada. The PIGS and all of Europe are in trouble and it will continue to have a detrimental affect on the equities of North America no matter how valuable they may appear to be. Also, as you mentioned the US debt will come back to bite them and us because of our geographic relations. The instability that is generally worldwide at this moment in time is going to continue to present risk even to highly valaued stocks. Look at the `Ring of Fire`to see how potential resources can be affected. That is the single largest deposit of chromium in the world and the richest, yet it is affected by world economics like everything else is. I say to everyone,...hold tight and don`t let the shorties influence your decisions. We have taken a stake in QEC because we have done our DD and see what is in the future for demand related to NG. This is not going to change...it maybe slowed but it won`t change. The Quebec gov`t wants this play to be successful as it gives them one more leg up on independence. The US northeast needs the fuel...even T Boone Pickens is predicting that NG is the future for vehichular fuel. Whatever he says I will follow...the man is usually right. Once this speed bump in Europe is over we will see the SP rise quickly. It is just a matter of when and how deep this leg goes. I look at it as a buying opportunity. Again I ramble....rambling man...Best of luck to all QECèrs.

Regards, Foghorn