Saturday, January 04, 2020 6:47:53 PM
this is why they know how much reserves of oil and gas there is.
Second, drilling is commencing in Feb which I believe has already been stated but not the exact date.
IMO, this is to procure a driller and start bringing in the oil and gas... this means instant revenue and with 99% accuracy I do not expect any dry holes.
The numbers are there and the amount expected is approx 10xs more revenue than what they had spent in the last 4 years...if I read that correctly
That means profitable. Being the first project, there will be many more this year meaning, more revenues and more dollars coming in... I am looking at anywhere between $.50 - $5.00 in the future. Not surprise if whales start coming in once the potential is uncovered for all...
Each investor has their start point and exit point, then what happens? the next group comes in, because some do not like sub-penny plays. Others prefer copper to silver and so forth... if the potential is awesome, we could see green as well... so to each his own or her tolerance to risk... I am here to make some coin and believe in this technology... I think it will go far.
jmho
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM
Greenlite Ventures Inks Deal to Acquire No Limit Technology • GRNL • May 17, 2024 3:00 PM
Music Licensing, Inc. (OTC: SONG) Subsidiary Pro Music Rights Secures Final Judgment of $114,081.30 USD, Demonstrating Strength of Licensing Agreements • SONGD • May 17, 2024 11:00 AM
VPR Brands (VPRB) Reports First Quarter 2024 Financial Results • VPRB • May 17, 2024 8:04 AM
ILUS Provides a First Quarter Filing Update • ILUS • May 16, 2024 11:26 AM