Oh but it is cheap I did see that spot yesterday on BNN as well and had a little chuckle. While the "feast or famine" comment was fair, the statement that it's not cheap was so far off base it was comical. You can see right from the corp presentation on their website that they're doing a buck a share in cash flow RIGHT NOW and have a buck a share in cash.
That my friends is the DEFINITION of cheap, unless you think the company will never drill another successful well!!!