Cub's partner in the M field hit on it's latest well, testing over 4mmcfpd. Cub earns 35% of the JV production so their share is >1mmcfpd. More importantly, this is a new formation and their partner is planning to drill several wells in the field this year.
I think the analyst's 90 cent target is in the local currency vs C$.
I think the equivalent C$target is around C$.22. Still a triple from the current price.
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If the Commodities Boom is Over, I am just a Gold Bug headed for the Windshield of LIFE
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