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Re: Smooth post# 4769

Thursday, 07/24/2014 9:16:59 AM

Thursday, July 24, 2014 9:16:59 AM

Post# of 25836
I still think that $2 per share is certainly reachable for TGC if they find P90 reserves(estimated to be 33 mbo) and many multiple of that if P10(135 mbo) reserves are found.

And of course remember, these resource estimates only cover roughly 32 thousand acres of the 2 PELs 850k total acreage. So the upside here, regardless of the ownership structure is still HUGE imo.