RE: RE: NG assets must be looking better Yes, there are far too many companies that have put themselves up for sale so an offer is only a very slight possibility. AXL however does have a strong central shareholder in the Anderson family.
Why do you think they did not have a good Q4? I thought it was quite good given the drilling success and the new pool discoveries that will add more to our oil reserves when these discoveries are fully assessed.
I think AXL has good value however they may not have enough cash flow to carry out a rigorous drilling program in 2012. Given their Cardium drilling success I would not mind seeing a rights issue to ensure a rigorous drilling program in 2012 if nescesary. Oil prices are high, the quality of the oil is very good, so with more drilling success this stock should receive better recognition.