Hi Stark: if I recall correctly after the border dispute was settled analysts had a speculative buy rating on this stock of between 8.00 to 25.00 @ share.

The market at this point does not recognize the value of CGX's 4 off shore PPL's, 3 100% owned and 25% of Georgetown, this has huge value, if any of the 4 wells (5 including Corentyne) come in I believe the SP will be in the above range, on the annoucment of a JVP I expect an easy double, otherwise I think we will see a steady climb in the SP regardless, the 52 week high should be broken fairly soon, I think your guess is on the money but maybe on the low side, of course this is all JMHO.