I'm jumping back in Things look like they are on the right track now, cashflow of $3.5 - $5MM i think they will be ok... Pressure issue seem to be resolved. A real growth in production to 1300...They maintained profitabilty throughout all of the troubling times. Few people ever gave them credit for that.
I think the market has become far to unforgiving and unrealistic in their expectaions of resource companies. I mean everyone is so pessimistic and such a bunch of nit-pickers and most of you are scared of your own shadows when it comes to risk. How can any company hope to meet the expectations, when even positive news is treated with a sharp sell off. I start to wonder why do any of you even play this game...?
At $0.25ish I will try to get back in. @ $85ish oil those $50 netbacks are still on the table and looking juicy.
Good luck all of you.
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