Agoracom

Interesting last couple paragraphs. This line struck me as slightly humorous, with respect to the word "perceived":

"This share price deterioration has also occurred for most junior Canadian oil companies engaged in international activity, regardless of financial or operating results, apparently due to the desire of many investors to sell in a search for cash or immediate liquidity in a flight to perceived quality."

I'm surprised by the magnitude of the exodus from oil, as one might think it would have intrinsic value as black gold, even more so than the gold metal? With oil and gold, there is something of tangible value one can actually hold in his hand. This whole situation is way overblown. IMO.