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Friday, January 07, 2011 6:13:13 AM
Dreaming for a moment and being polyanish...what if they find an elephant field of 10 billion barrels proven in place at one target? Imagine our share price then! This is why I'm befuddled by the folks who know the upside, yet sold it all at $1.45 or $2.98 or whatever...the potential is so outrageous...and this does not even take into account that oil could be $150 per barrel in a year or two...which would likely take the value of proven oil in the ground closer to $20/B!!!!
Wouldn't that make 1 Billion barrels proven, 3B or 15 Billion barrels make $6 HDY look like the bargain of the century?
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