GREY:TBTEF - Post by User
Comment by
bshort92on Nov 02, 2010 11:04pm
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Post# 17648997
RE: Ansell area
RE: Ansell areaI agree. In fact that last well at Ansell was a game changer. If NG prices were not in the toilet I would surmise that activity at Ansell would be robust... that the acreage accumalated including the Can Able buy land is for lack of a better quote a "material changing" one and the IP rate on that well supports that conclusion. The initial results at Bruce and at Princess have also been very promising. Saunders runs TBE he does not manage the share price. At some point the macro will shift and a real valuation will set in and that is closer to the $2.50 a share mark. The people who play with the shares, who try to quantify its valuation with whips here and there are going to be marginalized very soon. That is when things are going to get interesting.