Hey Hogweed rerlax its summer time...Exxon announced its findings. This will add storage capacity as well as in ground volumes so it makes sense to me that it will overshadow the QEC Lowlands play. Large finds like this are good because it allows the companies to tune on and off the taps to maintain a fair NG price. From what Exxon is saying it is huge but we already new that it was larger than the Lowlands of quebec. Now with the announcement of additional drilling in lower NYS we are going to see adjustments to the price of NG until it is actually being consumed.

It is summer and typical time for stock prices to fall but I am concerned that we are establishing a trend that could see a lot of sell offs. This will definitely affect the stock.

But look on the bright side when someone is selling...someone else is taking the opportunity to buy.