I read Scott's note as not giving out more then they have to. That may not be hiding it, but it is pretty close. Typically in an agm they will boast about numbers achieved after the quarterly financials. This time they chose not to. They know numbers from April 1 until now but are keeping them to themselves. This is not hiding but it is also not being forthcoming. This, I believe, is why the SP has been hammered, people in the know have known for awhile and that is why the SP dropped steadily for the past month.

From $1.59 to $1.14 before NR's tells me people knew and people are not happy with this undisclosed production (conventional and oilsands). What it does not say is that they may actually be on to something good and want to play it out.