RE: Let the LOGIC prevail
BAM owns 47%.
The insiders own almost 1,000,000 shares.
The CEO only owns about 600,000 shares.
SCS sits on a GOLD MINE too. Fact according to the drilling results (IP-30, 60, 90) thus far.
Forget the pipeline leak and some ONE TIME events that cut their production in Q4 2012.
SCS has 125,000 net acres undeveloped land (Pekisko, Beaverhill).
Pekisko: 100,000 net acres (100% WI).
Beaverhill: 25,000 net acres. (10,000 net acres at 100% WI).
BHL shows great results but the shallow and low cost Pekisko shows very good results too.
Waterflood also responds well in Pekisko and it will most likely respond well in BHL.
Crescent started it in early 2012.
A JV (50%) for Pekisko and BHL can give them around $100M, as I explained it in another post.
Connect the dots to find that the market cap is ridiculous and the insiders will protect their investment.