Fortem Resources Inc fka FTMR

[RandyKCMO]

Welcome to the board Gan...

Collectively, those on this list are pretty bullish about FTMR's future. We've acquired five properties... we've heard rumor of some more in the pipeline.

In the not to distant future, we're expecting to hear management's plans for developing these and future properties. All this will take additional capital... which we expect the company will seek to raise at progressively higher price points.

I don't have the post handy... but I had prognosticated in an earlier point... that if even one of the acquired properties (Northern Alberta) (which has already been demonstrated as having oil) is further proven and developed... and produces even half of what is being produced in a neighboring field... we have a $25 stock. (see below) And that's just one of the acquired properties.

One sounds stupid... or at least to have drunk too much koolaid... to say stuff like that... but the potential here is unbelievably high... over the top... whatever you want to say.

I've gotten the impression in the past that this is part of a chess game that really smart people are playing and they've already have the next 10 moves planned... and we're just watching and waiting for it to happen.

Have a sip on me. ;)

From an earlier post:

"April 11, 2017
20 Sections (12,960 Acres) of Oil and Gas Leases in Northern Alberta PAID: 21 Million shares valued at $2.00 Per Share (+3 mil more)
TOTAL VALUE: $44,000,000
TOTALS AFTER DEAL: 53 Million shares outstanding $44M/53M

"The assets being purchased by Fortem Resources are being purchased because they believe their developed value will be a multiple of what they are paying for them.

"For instance, just the Northern Alberta property... if their projections are correct and its production is anywhere near Brintnell Project that is currently producing 50,000 Bopd... just do the math. Even at 1/2 that production that would be:

"25,000 bopd x $50 per barrel x 365 day ='s $456,250,000,000 total revenue per year.

"I'm not sure how much of that becomes profits, but even if 1/2 does $250 Million divided by 93 million shares is an annual profit of $2.68 per share. A PE ratio of 10 would value FRTM at $26.80 per share.

"AND THAT'S JUST ONE OF THESE ACQUISITIONS!!"