gee -

Thanks for the post.

I don't like to see all those shorts, not that they can predict price but, like horserace betting, it may predict the odds.

Why the shorting? My only thought is the usual suspect. Without news we will drift down. No news is imminent (unless a drill hits big) so bets are that we will fall in the short term. If the shorters hear a whiff of a rumour that the drills have hit again, I assume they can pull their shorts out of the 'fire' quick!

To be plain about it, everyone understands that a drill finding the sweet spot on the first few attempts is unusual. In fact, don't be surprized if we hit a couple of blanks! This may be what the shorters are banking on. A blank hole and panic.

I'm not putting too much faith in a quick find. This will require patience from us as the geologists, the engineers, the drillers, and the weather work together to get the job done.

BK