InvestorsHub Logo
Followers 122
Posts 43837
Boards Moderated 1
Alias Born 09/06/2012

Re: JohnnyRotton post# 640

Friday, 11/02/2018 6:00:35 PM

Friday, November 02, 2018 6:00:35 PM

Post# of 648
1. fine the latest financials filed with the SEC for PTRC

2. within those financials fine the Net Present Value @10% for the proven developed O&G reserves

3. subtract all liabilities

4. The resulting figure is but a fraction of the fully diluted Market Cap of scam company PTRC


5. this is a $0.30 stock at best



looky petroriveroil.com/author/irpetro/

barrels of current production = 2.2 million per quarter plus whatever else they hit on.

227 + 155 barrels per day. = about 9 million first year.

barrels of oil recoverable is way over the market cap, plus they have cash to expand.