You are correct. I was wrong. I based my projections on two things. 1). How the stock behaved two years ago when there was only speculation that they MIGHT have oil in the ground. The stock went to 8 pre split. It made sense to me that now they KNOW they have oil, the stock should have moved at LEAST to those levels. 2). The company said the news would be out in the 4th quarter. Apparently that was not a 'hard and fast' timetable. I agree I was wrong. Probably not the last time I will be either <G>. Cvet