RE: First 8 = 10-12 MMCF Lux, that works out to be 1.4 Mmct/d, don't you mean 0.4 Mmcf/d, i know that some wells on Drunkards Wash have been big, but Lux this is Gordon Creek.
If you are right could the stock take off to say 55/60 cents.
Do you mean that 55 wells x 1.4 Mmcf/d per/well = 77 Mmcf/d devide by 6 (non discounted) = $12.83 a share, discount it by 75% in line with other dry gas producing stocks, it would be $3.21 per share, this would be great, so would $2.00.
What do you think, come on, give your opinion. Let,s here some good ideas.