Inceptus,

I am happy to see that you are long on this stock. Two years from now, if you are still holding the stock, you will be very well rewarded.

That said, we will more than likely see an increase in the share price before the end of the year where you will be in the black. We will also have corrections like the one we are in right now.

Historically, this stock has had a high beta value as it went from around 1.10 to 0.08 in 2004 (on the beaver river problems if I remember correctly) then back 0.90 only to fall 0.48. It hit 1.35 then back to 0.37 before its rise to 6.43 only to fall yet again to below 3$.

Why am I saying this? The management has proven time and time again that they know what they are doing. I am not a faith investor, but one who invests in good management teams. The company has a solid balance sheet, farm-in agreements to lower exploration costs, and they know when to raise capital at the best possible price.

Forrest's drill test was the begining of something large. If certain investors (and I am not referring to you) need more drill tests to show what is in Utica, then in time we will more than likely see these results (based on the shale formation). This will increase investor confidence and fetch a nice share price.