InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,572.85
(
0.10%
)
US TECH 100
19,963.60
(
0.59%
)
Dow Jones
39,344.79
(
-0.08%
)
Brent Oil
85.36
(
-0.07%
)
Bitcoin
57,533.91
(
1.46%
)
Post# of 42999
Next 10
Reply Private New
Public Reply Private Reply New Post
Keep Last Read
Keep Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Howardhaftel

Send PM Follow Ignore
Followers 0
Posts 12848
Boards Moderated 0
Alias Born 08/03/2006

Howardhaftel

Re: missouri post# 14761

Monday, 05/10/2010 11:30:30 AM

Monday, May 10, 2010 11:30:30 AM

Post# of 42999
The $8 estimate is based on the oil in the ground and estimates by an outside appraisal. $8 a share is way too low for actual oil strike. Think multiple hundreds of dollars based on how much oil is discovered and recoverable. maybe even thousands of dollars per share. No way of telling until holes are drilled and measuring equipment is used to determine the quantity

This is only my opinion!

Public Reply Private Reply New Post
Keep Last Read
Keep Last Read Next 10 Report Keyboard Shortcuts
Next 10 Prev Next

Join the InvestorsHub Community

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.

Sign Up