Not a word from anyone...................the Creek bot 2 more sectiions yesterday.  North of Kakwa and East of Wapiti.  From where I sit it looks like it is in the middle of CNRL land.

 

NOW..................I think 5 sections sold just North of Kakwa, a few to Seven Generations and a broker.

Prices range from 4500 bucks to 21 K per acre.

Assuming that the deal with Tourmaline and Perpetual closes with a purchase price of over 3800bucks, one might wonder what the Creeks land is worth.

Lets say 3000 ish per acre, might be high might be low........................that is in excess of 300 million dollars.  We have less than 50 million shres out fully dilluted.  Sure looks like a $ 6 price tag is not out of order.