RE:RE:If1. Cardium can be valued much higher than that; use $60,000 BOE as conservative. 2. AXL has 365MM of Tax Pools; depending on the pockets that buy them, this is accretive in what you have outlayed. 3. Success of their Long Reach Wells. All Factors, I can see a value north of $0.75/share. This is my opinion. Q2 I believe is released this week as well; better idea then on progress and CF. Kind Regards