RE:RE:RE:brutal price target cut Prior to the Velvet acquisition, SDE was well on its way to deliver meaningful returns to shareholders in a debt free ( risk averse) manner. They already had plenty of potential to increase their production thru the drill bit and at the same time keep the banks out of their hair . Thats what intrigued me about the stock. All of that changed with this deal. Management must have made their minds up that they are going to get to 100k/boed as soon as they can, regardless of how or what the consequences will be to the existing shareholders. I dont like it, but I am still nervously holding with all the debt they have taken on. I guess they feel that by adding on the contiguous land holdings in Montney, they have a better overall package to market down the road when they are ready to sell the company.