Sunday, May 01, 2016 8:29:04 AM
If oil is found this company and its share price will be transform overnight. Depending on the size of the discovery, a 200X rise in share price is possible. Will there still be time to make money on it after that much of a rise? Absolutely. Just to be fair, if oil is not found, it's game over.
It's my opinion that the major effort underway to undermine the share price and undermine the value of any discovery comes from those that know the value of undeveloped proven triples once developed. The lower the share price is after a discovery the better the near risk free triple+ gains will be for post discovery buyers.
People maintain anonymity for a reason and it is rarely noble.
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