Hi Snug - first Happy new Year to all Spider investors.

You ask a tough question after the last 3-4 months has kicked us all down several notches. IMHO the only way to play this is to have shares and hold them.

The prices are very low - the product is in the ground - more confirmed hits will happen - we seem to have some basic strength building on most ROF players with prices moving up slowly but surely.

We will no doubt have some more bumps in the road but I do not want to be on the sidelines when a large discovery, takeover, merger or consolidation takes place.

I did sell some shares in Dec for the tax write-off so if these developments will kindly wait for at least 10 more days , I will have bought back the shares and will be able to enjoy the 2009 upswing which we are all looking for.