RE: RE: RE: I'd like an opinionYes,
ATK is nothing like Ryland. Ryland mgmt had their head in the sand out in Vancouver. They sold out their investors for their friends and had no idea how to drill a well. The value was all in their land. (which they didn't have the expertise to develop!)
ATK has a proven MGMT and staff, based in Calgary. Although their land is not as contiguous as GS mentioned, they at least know how to drill a well. ATK will build value through the drill bit, showing suitors what can be done with their lands.
As for SP, It will go up significantly as these press releases permeate and so long as ATK can have success through the drill bit. They continue to acquire valuable land as shown with the recent roncott announcement.
GS has been valuing ATK at 6 cents since before they announced the pierson 9 well program and recent roncott land. No increase in value yet GS? I don't mean to knock, because I value some of your insight, but didn't you sell Ryland only weeks before they got bought out?
I did not!
Thanks,
StockManners.