shale gas deal!!!, page-4

Nazzy, the $$ per acre would be correct for that large a parcel - if it's resource calcs are high, and more per $$$ acre for smaller holdings (like RFE's) - again based on the resource numbers.

So with the share price dropping like a rock, not much movement in the top 20, BOTs consistently over a prolonged period, and the EO holding we have getting it's resource upgrade(hopefully) in the next few months, IMO it is looking ripe for a TO.

Add to the mix shareholders that have borrowed money to aquire their holding (at much higher levels) and you could pick up a large amount of stock cheap - especially if it stays between .38 and .56 (from my previous post) for a while now. This is how I continue to read it. The % drop this year for all the good news and potential is very overdone. So I know others that post say this is all it's worth at the moment - but we will all see in the fullness of time!!!