RE: RE: What am I missing here???I have followed Gulf KEYSTONE and their presentation makes sense, but keep in mind that they made a major find and owned all of it. Their share structure was also better from what i can see. All of these are minuses for SNM.
As I have said before, I am not a Lundin basher but I just fail to see a 3 or 4 dollar stock coming out of this, even if there is a major discovery coming. The value is simply not there. The other properties do not appear to be nearly as prospective as the well they are drilling. Sorry to throw cold water on this play, but the numbers just don't add up past 1.50 a share, even if they make a major discovery.