Verde Bio Holdings Inc (VBHI)

[marylandstockguy]

I'm excited by this company too...whether or not oil rises in price, they stand to do well with the royalty interests in all of their wells. It's a huge number, per their PR on November 2:

"VBHI has revenue producing royalty interests in approximately 400 wells across the most active areas of the United States."

With oil where it is now, you'd think they're getting some very healthy royalties - they wouldn't be as high as they might be in the quarterly report to follow this upcoming one (I am hearing the next quarterly could come around March 15?) but you'd have to wonder what the numbers could look like in the June report, if that's when that one comes out.

But heck, oil could be at $20 a barrel, and they'd still be getting royalties, just not as high. Still - one would think this could be their year - oil has been high from the get go, and we don't know if they'll sanction Russian oil moving forward.