JB,

Every investor is different. Some might have been in this for a short term gain, other will hold for maybe 5-6 years to realize it's full value. Now just as an example, Peter H. from Sprott mentioned that he thinks some ppl won't think results are spectacular (even being that this is an emerging play), and will sell...but said it would provide a buying opportunity. I will have no problem selling off some of the losers in my portfolio and going in more. Never thought I'd see these levels again, but the value is huge so for myself, it would provide for buying. I am sure there are shale investors out there that know what initial results are like and they must have seen shale plays develop over time, and so it would present a buying opportunity. Others don't have that knowledge and might sell. That's the market for you, they are inefficient. As in everyone interprets news a different way as one example and that's why some outperform the market while others don't.

In regards to your post about the wells. Which wells hit what instead of a range. Even last year, they mentioned wells of up to 1 mmcf/d, but we didn't really know which one hit that. They seem to be very vauge in their reports which is unfair being that you have investors and they want to know the details. I am sure someone will bring it up at the conference call tomorrow.