Saturday, June 27, 2015 9:38:05 AM
Re: Nistel post# 25577 Post # of 25587
GRPR Management are savvy guys with over 25 years in the oil industry. GRPR are still here and negotiating leases. They have had a market cap of $130M in the past when pps was $2. Here they had a market cap of $78M in April 2010 when share price was $1.20:
http://investorshub.advfn.com/boards/profilea.aspx?user=203639 tob999 Member Level Friday, October 04, 2013 6:51:50 AM
Re: Nistel post# 25570 Post # of 25587
With the right news and developments that pps is possible with time. I've seen trips go to multiple pennies very fast. A few go from pennies to dollars! The oil sector can be explosive for start ups that succeed!
tob999 Member Level Friday, October 04, 2013 6:46:26 AM
Re: Nistel post# 25564 Post # of 25587
You have to admit it was a ridiculous presumption that those kind or estimated values ($1+) might still be valid.
No i don't have to admit that. When PPS was 0.85 the O/S was 64M..on that basis and bearing in mind GRPR have 2 more leases with huge potential reserves one could estimate the PPS could be calculated as follows: increase in O/S to 800M = 12.5 times the O/S since the 0.85 valuation..0.85 divided by 12.5 = 0.068 PPS. From current .0004 that is a massive 170 times current PPS! Add drilling and revs news and this 0.068 pps could easily reach dollar land with time! smile
tob999 Member Level Friday, October 04, 2013 7:03:32 AM
Re: Nistel post# 25577 Post # of 25579
GRPR Management are savvy guys with over 25 years in the oil industry. GRPR are still here and negotiating leases. They have had a market cap of $130M in the past when pps was $2. Here they had a market cap of $78M in April 2010 when share price was $1.20:
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