InvestorsHub Logo
Followers 32
Posts 2137
Boards Moderated 0
Alias Born 05/21/2006

Re: yankee07 post# 5057

Thursday, 04/19/2007 5:58:32 PM

Thursday, April 19, 2007 5:58:32 PM

Post# of 45181
well good because the PPS should be .50 anyways proven on that PR alone..

crude, quick ex.. be back to do something proper, gotta pick up the kids...

"Management... are confident that, barring the unforeseen, production will increase each quarter."

Given $620,000 in Q1 and 15% increase each quarter,

approx. 713,000 in Q2

approx. 819,950 in Q3

approx. 942,943 in Q4

approx total = $3,095,893 for 2007

$3,100,000 into 70,000,000 shares = .045

.045 x multiple of 10 = .45c / share

this does not take into account lease value, future BOPD, nothing....

obviously well undervalued...