Slug,

If this goes the way you see it, are you hoping for a bidding war, and would said bidding war payout what you expect?

I like Jeff's numbers about profitability for 2009. That would be great, but will a bidding war pay for future potential, or just proven reserves?

You would have thought that Aurelian would have started a bidding war, but it didn't.

I am a little skeptical that in a years time we will be in a climate where the big boys will pay more for potential than proven. Credit is going to be scarce and although SGR may not need any for some time, the big boys might take a wait and see.

SGR really needs to hold to its production forcasts in order for any of them to pony up some decent cash.

IMO of course,

AK