Basher 1 --- Pumpers 0 All the pumping in the world can not keep a stock up when those holding millions of shares know that they can sell their shares into the current liquidity and then in the next 3 years prior to drilling they will have plenty of time to load up on more shares through private placements etc. Usually, if you want to know what an undrilled exploration property is worth, look at what it cost to obtain. There are lots of properties around the world with great potential that are going cheap because of all the money and effort that has to go into preparing them for drilling and then drilling 10 or 20 dry holes in a new area before making a commercial find. Why would any company buyout EOG at this stage, EOG is currently a wish and prayer for oil, nothing much else. The chance of success on the first hole will be somewhere between .1% and 10%, most likely in the 5% range if they are lucky. But like ENG or ROZ or PEC, once that first hole is dry, just try and raise money for the next 10 holes that will likely be required to find a commercial discovery, if one in fact exists somewhere on the block. The truth hurts, but it has to be told. Over the next 8 years, to work on this property, EOG will need at least $140 million for seismic and drilling. EOG has a chance of one day hitting a big oil well, but to think the company is already worth huge amounts is just plain wrong.