RE: RE: Fantastic results announced!I don't really see the "fantastic" part.in the results. The Netback is under $30 and they are at 60% NGAS. I think I will wait until the 2nd qtr to see if they are really making progress with the drill bit. Call me suspicious but I don;t see the progress I was expecting . The CF was nothing to brag about and at 13.5 P/CF they are mabe overpriced. I realize we pay for the future but this still seems bloated.
I look forward to seeing Netbacks of $50 .
Actually SPE or even GPX along with VRO, DEE along with many others are cheaper on just about any metric. Wfe seems to enjoy a favoured status. The bought deal at $8 may well mean someone knows something I must of missed.
Cheers
2Clubs