RE: So let me see if I have this correctOur BWD is a new BWD with the recent land acquisition (previous relationship building over time led to this major acquisition), management team & merger. Its what's coming (possible scenarios of numbers for 2011 & 2012), not what came before, that is getting investor's attention.
The heart of the argument is BWD stands. BWD is in the right place at the right time and soon to be with the right people (farm-in's etc).
So far your line of thinking in assessing the merits of this play suggest that reading between the lines of speculative plays isn't your forte. That comforts me, for it means you won't be making any money here. Now go away and leave the rest of us to the party that's just starting..
bob