RE: We will see a rebound very soonDon't shoot Kerogen down. I may not agree with him half of the time, but I'm pretty sure he isn't a basher with an adgenda. He does know of what he speaks in most cases.
However, I personally value GXS currently at $.80 per inferred and indicated ton in the ground that has a 4:1 strip ratio or better, if that makes you feel any better. (I'll include the 4.1:1 part OK?). The higher stripping ratios, although possibly profitable in some scenarios, are not "juicy" enough to attract many miners, as there is lots to choose from all over the place. 3:1ish stripping ratios with massive multi meter widths do turn heads in the industry, guaranteed.(IMO)
Cheerio!
HT