Comment by
StockBadBoy on May 05, 2010 12:10pm
Any chance of posting some of their assumptions around the $1.05 target price.
Comment by
StockBadBoy on May 06, 2010 8:54am
Scorpion. Thanks. This is about what I would think also in terms of the assumptions and value behind this play. Bottom line, I would hope the institutions financing this are looking for 3 to 5 times money. With more successful drilling and starting production, these will undoubtedly add value to the investment.