Maquarie signed first sale committment in Dec and proffered...

Maquarie signed first sale committment in Dec and proffered $10mill to MKE for just over 21% of Duvernay/Rock Creek JV interests - no effect to SP - no market reaction other than us HC posters expecting a cartwheel response only to be dissapointed!!
Was the 21% parcel the cream of the crop or just an early rubber stamped signing that placated the JV noting that it has returned far more than their orginal total 90k acre investment? Hence the question in regards to the package sold - was it the package that was regarded as the pick of the bunch??
Does Maquarie have strict timelines to adhere too in regards to the sale of the remaining parcels of land??
Are we to expect any more agreements in the imminent future??

Yes - somewhat frustrated with the market and I know we are all on to a good thing. Thinking out loud - it maybe to the JV's benefit to hold off on the sale if the land continues to exponentially appreciate. However, we do need some reasonable action happening in the 1st and 2nd quarters if we are going to see any appreciable SP growth.

Final question - what would it cost a company to make a hostile takeover bid for MKE?? Surely it would be less than the cost of MKE's investment/assets in Canada JV based on the current SP and obvious market neglect.

All just rants out loud and of course just my opinion (DYOR) but would like to hear a bit more discussion on the board on where others think MKE will be heading in 2012.