Your statement to "expect multiples of present SP in time. Sooner rather than later meethinks" was a bit contradictory to the beginning part of your post (e.g. months to achieve cost basis and delay in drilling.) What timeframe are we talking about?
I have no doubt that 2011 is going to be good for BOW, but I can't help but feel frustrated that at this point the SP isn't above the high of $1.60, especially after Wilson HTM recommended BOW a buy at $1.30 on Dec 2009 with a 12mth target of $2.85 a share.
Do I believe in the CSG story. Yes, but it has been close, yet still so far away for too long now.
Holding and waiting.
BOW Price at posting:
99.0¢ Sentiment: Hold Disclosure: Held