RE:$12??If he bought a few years ago at $1.20 pre consolidation, then ya, he paid the equivalent of $12 per share by today's prices. If they get a good joint venture (say 50% for a full carry, for example) and actually hit a substantial commercial quantity when they drill (500+ mil barrels), I wonder if that price may not be out of the question. There's only 95 mil shares now as opposed to 950 million.