Here’s my point- Canoe isn’t meant to make the company billions of dollars, it’s meant to test the validity of their seismic technology. It’s basically one big expirement and their technology is the independent variable. This leads me to believe that if Canoe hits then their technology is valid, which means that there’s most likely oil in the other prospects since they used the same technology to size those up. With that said, I think the momentum investors are going to realize that and jump on board.
In my opinion, if Canoe hits we have a bigger jump in stock price than you may think because there’s more to it. I could care less what the margins are on Canoe; I care about the story it tells for the future.
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