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Big Mur

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Big Mur

Re: plastipunk post# 44748

Wednesday, 02/18/2009 2:32:59 PM

Wednesday, February 18, 2009 2:32:59 PM

Post# of 51429
Yes, $2/share... and that was nearly two years ago... the amount of reserves assets has only increased since then.

$2 is just the math from numbers published at that time (July of 2007?)...

2.15 million BOE proven; 5.1 million BOE probable (much if not all of which is now proven status) for a total of 7.25 million BOE.

7.25 million BOE * ~$30/barrel = $217,500,000.00

217.5 million split equally among 100 million shares of HMGP stock = $2.175 per share.

It's not rocket science.

Stop staring!!

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