RE:How high can this stock go?Stock2008, your numbers seem right although I don't think that we will see 80$/barrel soon, but I could be wrong. I don't know of anyone on the planet capable of predicting the price of oil. For the coming year, I read Garth saying that BBI will not be selling oil on the market before the end of 2015 or Q1 2016, which is just in time for an expected rebound in the price of oil - that, as I wrote, could mean anything. Therefore we should not expect any cash flow from operations for most of 2015. That doesn't mean that the SP will not be going up as it has so far. It will go up on land value, proven reserves and expected future earnings.
I expect a rapid spike right after results are out, and then a pull back. I will have to decide if I want to sell at peak and buy back later after the pull back. Timing this kind of thing is always tricky.