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Re: ThePennyGuru post# 16230

Monday, 07/12/2010 9:36:12 AM

Monday, July 12, 2010 9:36:12 AM

Post# of 42999
If you take Bellevue 90% and Thunderbolt 90%the total anticipated is 399,000,000 barrels of oil x $50 net profit per barrel = $19.950 billion divided by 412,000,000 shares o/s comes up to $48.42 per share.
That's 2 sites and about the worst case.
Well my comments are:
1- I'll take it.
2- anything more is gravy
3- With only 2 sites what about the rest
4- Flare Gas only adds more.
5- I expect from what I know the $48.42 should be multiplied by about 62. For those that can't do math stop at about $3,000 per share.

I don't post these numbers because nobody will believe it, and oh by the way my nombers may well be on the low side.

Lets wait and see.

This is only my opinion!

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