Arete Industries (ARET)

[europtiger]

The Ryder Scott analysis estimates that the proved wells have a discounted future revenue (at 10% per year) of $12.3 million. !!!!!

@ a oilprise 80$ !!!! we are 30% up from that 80$,that makes for me 16,5 million a year and even discounted future revenue (at 10% per year)!!!!

if they would not get the money from a bank,who else would get it ????

even i would give aret money hehe

this is the breakthrough IMO. i expect price between 5.50-8 till finanzing hits,then we will see intitutions come in and ride that baby big time IMO

just be patient,in 4 weeks (the latest) we will see great buying.maybe even before.

thx to the aret team!!! thx to mr prosser,davis,...... greetz euro