RE: RE: New April Presentation Update... they do have a third resource play at Bigstone montney, but I think it's primarily a wet gas play and they need better pricing before ramping up this play and I they ahve a smaller interest at 38% if I recall correctly but I also agree, there is no need for a quick sale. not with the numbers that they acheived in 2012 and if they can repeat that in 2013, 3.50 is very doable.
A quick takeover at 3.50 today would be a great buy for the buyer but it would also give me back my cash so I could invest in other plays, so I don't favour one over the other, because either way I'll make money, it's just a question of time.
bottom-line, if there's a company out there that is will to pay us a premium for our shares, then make us a good and fair offer and take her out, otherwise let's leave management to do their jobs and stop wasting theri time with these distractions.
just my honest opinion, take her with a grain of salt, and I do own shares so of course I'm pretty biased.
DYODD