Dave Austin... your post is so long it makes me feel sick! :) Still I think your missing the point... if the reserve reports come up short, the only person that will be taking the assets is the bank. I guess your probably right about the flow rates Jeeper in a way.. I think the above all important factor will be the "recoverable reserves" that the resere report defines. This will be the tell all factor of how much a takeover price will be at.
Speaking of the reserve report - has anyone done a background search on the company doing it? It would be interesting to know how reliable they are.
MAE Price at posting:
52.5¢ Sentiment: None Disclosure: Not Held
