We are looking weak on the buying (bid) side of the market today. The sp is being held back and manipulation will continue for months to come. The bid strength and buying power is the only thing that can battle this beast. Hopefully the 2 B&B's will generate some more buying over the next week of trading. The sp erosion will naturally occur when no news is issued to update shareholders in a typical stock. We all now this not a typical stock.

The corporate message has been clear: "do not expect regular updates, when we hear news, it will come plentyful and the news will be big news". This type of corporate stragety will test your patience and shareholder confidence at times. This shareholder tolerance seems to be measured on sp strength. So far we have been able to hold our own on the sp as of late. The longer this goes on the more your patience will wear and confidence will become shaken, especially if there is a selling swing.

This is an emotional roller coaster ride most average shareholders have not been on before. The next climb, dip, or loop is not clear and we are not sure when it is coming or when the ride will be over, so hang on to your chair during this ride at all times. We must believe in our management and their choice to carry out this type of strategy for reasons unclear to all of us at this time. I believe they have the mandate of maximizing shareholder value.

It must be getting very close to news breaking loose on the activity and results for our Tesoro property. In the meantime stay buckled up.

Go Long....