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Re: iblong2 post# 822

Wednesday, 07/09/2008 10:29:37 AM

Wednesday, July 09, 2008 10:29:37 AM

Post# of 1494
"few more O&G deals in the works, $0.04 may be a very conservative SP estimate."



Valor only has 2 producing wells......

And given the History of the redues down at hammil....

We are at the wim of New Century.....
while there is gas down there.....
Unless New C decides to drill a new hole...
We are stuck.....
What will a new hole cost?
What about the collection system....
Implovements needed?
Will SW issue more shares to pay for this?
What about New Properties in Canada...... More shares issued?

100,000,000 shares have already been spent.....
Where will the OS be a year from now?

IMHO alot would have to go right to get the SP into double digits.


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