i agree, 8-10 bod, we were hoping he was being conservative when he said this, but i guess thats all its putting out. imo, i wouldnt buy now at all, if they do eventually get more oil, you could probably buy in much lower by then. the fact that they didnt put out any good news about the snyder lease when they needed it the most while the sp drops after the r/s, tells me they dont have much to report. Then again they could put out good news any day, who knows, but i wouldnt count on it. also i think the cfo resigned too, that doesnt look good.
