the pendulum is swinging The fact this deal got financed with many different moving parts, means bay street is starting to see the low risk value play in carbon in a different light. this is overall grat news for long term investors , between now and the year end multiples will return to the patch. I expect 4 to 6 times to once again become the norm. when reserves that are proven become the norm look for the Gems in the rough, names that are not on everyones lips.