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Re: JohnnySticks post# 5093

Monday, 07/06/2009 10:17:53 PM

Monday, July 06, 2009 10:17:53 PM

Post# of 10911
Sorry Board - I think I goofed, the press realease does reference "the companys percentages" in the release. So the charts and BB's calcs are accurate.

So in essance, we are trading at approximately $1.34/bbl of Unrisked Unproven reserve - 61.6 cents vs a 63 cent current sp.

Is that too high or too low so close to drilling? I will leave that the oil industry folks on this board - I am not one of them.

John.
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