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Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Post by OilandGas4on Sep 28, 2010 9:17am
502 Views
Post# 17500125

GMP Coverage Report

GMP Coverage ReportI have read the entie GMP report. It is 21 pages and gives a very solid look into the future of BWD. The target of $1.15 is actually very conservative. Dire Wolf and benh have both posted some good excerpts from the report.

A very good one worth mentioning is the last paragraph of the Evaluation where they compare a recent purchase of Bakken land by Enerplus just last week. As just a proxy to that purchase it values BWD at 1.70 per share.

This Fall/Winter should be very interesting. This story just keeps getting better.

GLTA
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