RE:RE:could be worstA two year target of $1.20, assuming they achieve all thier ojectives is perfectly reasonable. The various funds and large investors who bought the PP and spent $11 million did months of DD before committing anything. That shows you its not "B grade " management. There are very few if any venture companies that recently raised $11 million...Most of them have done $500k ish range. And certainly no raises like this in the oil and gas sector. The bashers are just getting nervous, they know the test results are coming soon (end of jan early Feb timeframe) and are using this void in news to shake more shares into their little hands. Why else would they come on here and bash a stock that they don't even own or have no intention of buying? Their motivations are clear, they want cheap stock ahead of results. I'm going to bet both queenstown wells are majority oil (70%+) and they both test in the range of 400 -500 boepd. We already know they hit the oil from the last NR. Current production is 280 boepd, and if we can add lets say 800 here that puts us around 1100. When the first EOR project gets fully ramped up by year end its expected to produce 2000 bopd, thats 3100 right there minus declines and add any further additions from other Queenstown wells they decide to do this year. They have 8 high grade targets left like the last two drilled, and 10 lower grade targets.