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Re: BRS0903 post# 2778

Tuesday, 05/13/2008 1:40:08 AM

Tuesday, May 13, 2008 1:40:08 AM

Post# of 10243
I saw that on Yahoo. That is an insane estimate honestly. If you take the data that is out there presently on the company's current revenues for both oil (13 barrels/day) and natural gas (1 mil cubic feet/day) and do say.....a 3 x annual revenues valuation formula on GCOG, mix in a little speculative excitement and a nice web page update within the next few weeks....you're looking at anywhere between .014 on the low side and .05 on the very high side PPS potential IMO. If they have more wells producing or stuff we don't yet know about....sky is the limit I guess! All my opinion of course.
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