Strata Power Corp. (SPOWF)

[emperor3605]

patience is a virtue

Other company presentations have stated[eg Ivanhoe energy] that the define asset and sell process is over. They claim recent sales for such ventures return only 20-28 cents per barrel in the ground. If the other half of cadotte leases also has 2 billion barreks un the ground --30 cents at 4 billion barrels is 20 dollars a share. Also remember that Goldman Sacs recently predicted oil prices of 170-200 dollars per barrel by year end . Dept of energy predicts less but still over 100 dollars per barrel. Remember although blackrock was a producer, oil was only 60 dollars a barrel at sale. Cagievet you are a leader . Do not set an early timetable. If test results are good this is still a great investment. But the new paradigm may require a proven attempt at production to lock in max value. This maY NOT BE A ONE YEAR HOME RUN. Remember Blackrock took 8 years.If test results are bad we will get little value. If they are adequate this will be a life changing investment but may take time. Remember Shell has committed 27 billion to oil sands refinery,makes more profit per barrel in oilsands than anywhere, is committed to oilsands carbonates, and has stated its future is in oilsands. IGNORE THE STOCK PRICE!!!!!!! Weak hands are selling---investors are buying.Cagievet your instincts are correct.