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Re: DigiTech post# 6279

Monday, 05/10/2010 7:41:40 AM

Monday, May 10, 2010 7:41:40 AM

Post# of 17739
IAE.v

Let's see, so if the IV poster is correct, there may be about 2.5 barrels of oil equivalent of recoverable proven reserves in Stella for each share of IAE.v outstanding, or put another way, one barrel of recoverable proven reserves for each dollar of IAE.v market capitalization. Well that may be optimistic, or maybe his math is still wrong, but in either circumstance, IAE.v may be WAY, WAY undervalued.

I can hardly wait for the Sproule report, even if they are a lot more conservative.

tmcal6

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