Friday, March 16, 2007 10:42:20 AM
The stock is way undervalued, assets alone would dictate a PPS of at least .50
Extremely good management with the stated plan to not dilute and go to a higher exchange.
The potential of their oil/gas fields is enormous. Just the potential should justify a PPS of $1, a lot of people have speculated that one good strike could make this stock go to the $2-4 range.
If everything went right for them and they started to pull oil/gas from all their fields I predict a minimum PPS of $8.
With the rise in gas prices and the uncertainty in the world this stock has an enormous up side during troubling times.
The potential of this stock if everything went right for the company and wrong in the world could easily be $20 PPS.
And most important, I've got a feeling in my bones this thing is going to POP. The next 3-4 months should be interesting.
This next week could be interesting.
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