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Re: estock50 post# 3004

Thursday, 07/26/2007 11:31:53 PM

Thursday, July 26, 2007 11:31:53 PM

Post# of 5894
estock50 my guess is PRVB will reach the $3 dollar mark late 08 early 09. Assuming the following

1) we add wells to the existing pipelines with the same speed we currently do.
2) the oil prices stay over $60 and NG over $6
3) we get listed on AMEX
4) the share buyback program continues with the same speed until the end of 2008 (this will result in some 7,000,000 shares decrease in the float which represents about 10% from the float today)
5) the USD continues to drop that I'm sure will do unless Ben decides to rise interest rates which I doubt will happen

Note: And always keep it in mind that as we grow we may become attractive for M&A

I'm not a fortune teller, but this is how I see it. Any thoughts...
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