Strata Power Corp. (SPOWF)

[Cagievet]

Again, welcome to the board Marich. I agree with the estimations you came up with and I talked with Strata running similar numbers by them which they agreed conservatively is correct. They know $10 is a conservative and reasonable low estimate of what the stock worth near term without knowing what is on the rest of the land. The one minor disagreement I have is that Strata may not do further drilling, but rather extrapolate theorically with the major on what likely is on the rest of their property. If this first report is excellent, it is not necessarily in Strata's best interest to do additional drilling. It may be best to simply suggest to the major that it is reasonable to assume similar proportions are on the rest of the land and we will sell it all, less a slight discount (20%?) on the unexplored 80%.
Thanks again for your input, Cvet