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Re: ragmuff post# 28069

Tuesday, 10/02/2007 2:21:14 PM

Tuesday, October 02, 2007 2:21:14 PM

Post# of 76394
Evaluation at the current market ppb is hardly a good way to value the assets in the ground as there are costs involved. We have no way of knowing, without a lot more info, what it costs to get the o&g to market. If we're moving to a higher exchange, we'll be able to get what we need for evaluation. Don't hold your breath..as "the past is prolog" and in Regions case that means be prepared to wait.
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