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Re: asdgwest post# 2585

Saturday, 07/28/2012 8:00:19 PM

Saturday, July 28, 2012 8:00:19 PM

Post# of 2644
asdgwest, you need to look at value...

EORIF, now has a US Listing, $25 million in cash, No debt and is drilling 3 wells. Production of 350-400 bopd with 26,000 acres of oilfields having a PV-10 Value of $55 million.

Trades at .12-.14, market cap of $20-$22 million. Again, cash of $25 million and no debt. VALUE investing in a penny stock.

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