That was a really strong close yesterday...I'd venture it is far from done....many are realizing the CHK Miss
sale was sold cheap more because of CHK's situation and little to do with real valuation of the Miss. play. SD NAV was hurt wrongly....underlying valuation of SD is still there...they have the $$$ to drill unlike CHK....just because one cowboy has to give away his cows doesn't mean another cowboy with cows in the same field has to sell his on the cheap. Reckon they'll discount the Marcellus because of CHK selling @ $575 acre when the average is around $1500......???