Any way you slice it, seem to come up with the 45 or 50 cent target...The more the merrier in terms of price targets, most seem to be in that range....
Id be more interested in hearing what potential buyers might pay in terms of flowing barrels per day in Columbia, as I think now the metrics have changed, perhaps positively vis a vis the ones
in place with the C and C energia sale for example.
In this type of equity market, anything goes.... We saw a very large move up on the pxt and a reasonable move here.... Speculation it would seem on LC 1 (completion of testing on Mirador) and LC 2, ( likely close but not done, looking for oil and gas in the Une and Gachetta).
There looks to be room very soon in terms of paying dividends out to shareholders, and that to me changes the situation to a considerable degree, at least in my opinion. Dividends bring in a new type of investor, and thats never a bad thing, as well, those day traders that like to short, have to pay a fee to short (ie. the dividend payable every pay period) in addition to borrowing fees..... We have excellent catalysts just around the corner, lets hope the speculation continutes.