since you wanted speculation then its easy to put whatever number we want.... since the PP was done at 3.80 and NB has 5.80 then I say $6 ... what is that based on ? speculation ! $6 would be way to cheap but I have been sold out of companies before well below what was thought to be a fair price.... Kodiak does NOT NEED to sell at a low price and a lot of stock is in very strong hands.... I still "speculate" that we will see something happen with a major before the new year.... not a takeover but a JV on some part of the property or something similar.... this will inject even more money into the treasury and will allow us to concentrate on other areas that are very promising... it will also give us a LOT of credibility.... all a guess on my part and may never happen in my time frame.... but something like that will happen sometime in the "near" future.....