RE:RE:RE:This could be one of the reasons for an increase in price$85 WTI & $88 Condensate.
Yes, I'd still take $4/share, all stock. Any gains from here are taxable for me.. so an all staock deal and ride up a bigger PONY (like TOU or ARX) would be a great thing.
I'm not sure about $7.50.. that's a recent price target from a bank.. but I do think $5-6 is now foreseeable if Oil prices stick.. and gas too.
Even though Crew is a Nat Gas producer, it's Oil prices that bring all the sentiment to the sector.. which benefits Crew.. Nat Gas could soar up to $6 again, Nymex.. and Crew wouldn't move as much as it would if Oil moves up to it's 7 year high.
~TGC.
robert41 wrote: Hang on there cheadle a couple of weeks ago you said we should sell for $4 bucks. What's the deal ? Now you think we are worth $7.50?