Monday, September 12, 2016 3:39:51 PM
in other words, say the current price is $.50/sh and we strike 3000bbl a day oil. the price will rise according to the flow rate of oil and its estimated reserves, etc.....
so, with today's price of $.02 (or whatever low price you wish to use), and we get the same 3000bbl results, the price will still rise according to the fundamentals of the oil strike and likely reach the same price as the $.50 shares
however.....here's where things get dicey....HENC is a complete unknown, so when they strike oil, the explosiveness of the stock price could very well be the difference between a firecracker and a stick of dynamite.
So.............all in all, i'd rather strike oil when our shares are at $.50, than at $.02
Which brings us to stock promotion.....to be discussed at a later date.
jmo
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