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S&P 500
6,816.89
(
-0.11%
)
US TECH 100
24,499.60
(
0.38%
)
Dow Jones
47,916.57
(
-0.56%
)
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92.41
(
0.00%
)
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71,123.97
(
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Post# of 71566
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Denn55

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Denn55

Re: FireMechanic post# 71051

Friday, 11/07/2025 5:45:57 AM

Friday, November 07, 2025 5:45:57 AM

Post# of 71566
The valuation was based on an estimate of the oil reserves that they believed existed under the ground. That doesnt put money into their pocket unless they can remove it. I dont think they had the money to do that. A press release will be out next week. Hopefully it will clear up some questions.
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