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Re: oil-cowboy post# 7601

Sunday, 02/28/2016 8:58:14 AM

Sunday, February 28, 2016 8:58:14 AM

Post# of 18778
"What will take to get us to 3.00$+? "

That price puts the market cap back to where it was before the convertible fiasco and still 2 years from drilling... and with no oil. A "find of any kind" would de-risk the entire area and I think, depending on the size of the find, that $20-$30 is likely.

But I also think fireworks are going to go off before drilling too. The JDZ isn't dead, IMO.

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