EnviroGold Global Ltd (ESGLF): Yes - managed to get in at a penny CDN ....

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Re: farml1234 post# 29

Thursday, 01/18/2018 8:05:44 AM

Thursday, January 18, 2018 8:05:44 AM

Yes - managed to get in at a penny CDN ..I would gladly buy more at a higher rate if I could. It has an OTC Pink version as well (linked together I believe)- this should do well as oil prices quickly climb toward 70$ - Most of their recent report refers to 50/barrel so we are already in better shape for 2018.

Per the recent report we are now past the break even point (and climbing) - very good news

2018 Production Forecast:

"The production forecast for 2018 is 665,400 barrels of which 1,800 barrels per day is the forecasted average for the first half of 2018."

"Breakeven field economics are estimated at 2,152 barrels per day, at an assumed Brent price of $50.00/barrel reducing to 1,761 barrels per day at an assumed Brent price of $60/barrel."

We're approaching $65 now.

https://markets.qtrade.ca/news/story?t=iKXJizM-dSY,Qh0UWRB_F54u6RIv6Qh133fYJHsol5mS&Bend=&article=1e67490dfa14e5f3