GREY:COUGF - Post by User
Comment by
bmcginneson Dec 30, 2010 11:12am
500 Views
Post# 17906218
RE: RE: RE: What do you guys think?
RE: RE: RE: What do you guys think?Ya this thing is way to expensive based on their current production. I would wait for a pull back into the $2 range.
For instance there are companies producing over 20,000 boe/day that are trading at $6 +/- and Cougf is hoping for 2000 boe/day in 2011. So the spec part of this baby is already played out.