RE:RE:SPagree there is a lot of value in LEG. it is at 2.8 times next year predicted cash flow making it
one of the cheapest light oil stocks. i don't think there is a buyout in store though, since any
buyer would have to assume the $680mm debt. at some point the market will come around
and the share price will normalize to something like a 5 times cash flow valuation. factor in
11-12% cagr and you will be rewarded if you are prepared to be patient. these guys are managing
this thing to become the next crescent point and are focussed on the long term.