Josef Schachter basically repeats what he said on market call tonight back in July.

"Company is waiting to see the next phase of drilling. Two going on right now by the partners, one by Talisman and one by Forest Oil. As they start getting comfort that they can crack the three shales and that they are productive after fracking, it then becomes a manufacturing operation."

Still very positive with a reiteration of the value of QEC (land alone at 3500$/acre gives > 6$/share).

Curious if he has aquired a position, as before he did not have one.