with all due respect sushi it sounds like you dont like this one.
i have no doubts that a big brokers analysts like BBY would know all about rig prices and possible outside influences that may or may not eventuate and from my understanding always factor in a risk factor before basing there evaluation price ($3.09 vs current price of $1.95). There reputation is at stake so all aspects are thought through I would guess.
As I have stated I really like this one however havent purchased as yet but feeel its almost at its bottom if not already.
once it turns upwards on good volume im in because it has the potential over the next 12 months with drilling success which has to date been very good the potential to double from here i feel.
14 to 20 wells in one year is a very big and exciting programme.
just my thoughts
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