RE: J/VYou know, I was thinking the same thing. But to tell you the honest truth, I really don't know enough about them as of right now. We have 5 district scale property packages right now with two real good partners, so I would naturally have to trust Karl, with his pick of Yale, to be a good 3rd J/V partner. We gave them seven good drill targets to start with so they have a great chance of coming up with something, I mean.. this is the Sierra Madres(the companies operating in this range are extemely successful). GNG is nowhere near being considered successful(to a major degree) and look at what GNG has, then look at our properties and add in the J/V's...and we're trading for the same price!! If GNG is worth their valuation, then we should be at least double (and will be plus more).
I guess time will tell, my opinion of course, See ya, Sam.
I e-mailed some companies to get permission to use there maps on the existing plays in the area and will post them once I hear back.