Dude,

Infer some logging was done before the tools got stuck. Cuttings and mud samples were scrutinized every few feet on the way to basement. The only news issued acknowledges encountering hydrocarbon bearing zones albeit only traces of the stuff we're looking for so far. Nearby wells are so replete with treasure (oil & gas) that they've flowed uncontrollably when punctured (like a balloon under pressure) despite being drilled by experienced companies & crews. What would you do, announce to all the world what you know ? or get your hands on every available nearby lease, secure advantageous financing in the middle of a credit crunch and continue planning additional drilling. Finding the resource is just the first step. Exploiting the resource is another matter and takes every bit as much business expertise of a different kind to execute effectively. I think we are lucky to have a longer term, deep thinker in Bill C. Note that there's been no substantial insider selling reported. I'm sitting tight although I do admit dropping a half a valium from time to time.

Good luck and happy Friday.