Blackjack1 thanks great info - The revelation will be the extractability and recovery rate. It will be in the 60% range and will mean all those 10-20 billion barrels will be able to come out of the ground. It will mean recoverable reserves This will get them on the TSX and reevaluate the stock at a $1.00-$1.50 per barrel market cap. I don't have to tell you what a revaluation of the current 1 billion market cap to a 10 billion market cap will look like.. It will take about 2 weeks to bring the stock up to that level. As you can imagine it will be hard to get a buy in during that time with the short squeeze etc... -- imo. tia.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.