I think after the news is released this will be in the .10-.20 range. This also depends on what the pr looks like. If they confirm what the DD states and Refro displays 1 mill Barrels of Oil in possession, then we could see much higher than that range. It all depends on how the public views the acquisition. What is reassuring here though is the fact Renfro now owns 54% of the O/S which would indicate this deal is done and all that is needed is an announcement from Brazo to the public. That tidbit on Etrade that shows his holdings is huge here. No doubt there will be some movement here this week. Just a question of how high. BM are getting higher by the day and if people see this start to run beginning tmrw, we could see a double-triple from these levels before the news. jmo.
Difficult to say. This could explode with the right, detailed merger points. I believe with a strong PR, we could catapult to over .04 and up to .05-.08. Three months is anyone's guess. IMO
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