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S&P 500
5,464.62
(
-0.16%
)
US TECH 100
19,220.00
(
-0.20%
)
Dow Jones
39,150.33
(
0.04%
)
Brent Oil
84.39
(
0.00%
)
Bitcoin
64,035.39
(
-0.33%
)
Post# of 18778
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tryoty

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tryoty

Re: ssc post# 7445

Monday, 02/22/2016 10:03:21 AM

Monday, February 22, 2016 10:03:21 AM

Post# of 18778
$20 is perfectly reasonable if this first well is a success. It would put the market cap around $700M.

Considering that the market cap was higher than that prior to drilling the JDZ I think it's more than reasonable to acknowledge that ERHE could exceed that in the very near future with a discovery. It would derisk the entire block. This thing will fly!

$20-$40 or more is what success next month will mean.

Stay tuned.

People maintain anonymity for a reason and it is rarely noble.

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