BlockQuarry Corp (BLQC)

[SAMadMoney]

My opinion with current standing,

i still think we are undervalued

we get all the pumps up and running or even just enough for 189 BOPD, and we could easily be pushing up higher.

With roughly the 90 potential we currently have it breaks down below using Stervc calculations with slight modification to figures.



Key FIMA Variables to Consider:
** Price of oil = $90 per barrel
http://www.oil-price.net/
** 189 BOPD from 90 wellboress
** Presume worst case scenario OS to be maxed AS to be 300,000,000 shares

** Net Profit Margin for the Oil & Gas Drilling & Exploration Industry = 10.70%
** Price to Earnings (P/E) Ratio for the Oil & Gas Drilling & Exploration Industry = 12.8
http://biz.yahoo.com/p/123conameu.html
** EPS = Earnings Per Share



$90 x 189 BOPD that equates to only 2 barrels per wellboress = $17,010 per day

$17,010 per day x 30 days = $510,300 per month

$510,300 per month x 12 months = $6,123,600 per year

$6,123,600 per year x .1070 Net Profit Margin = $655,225 Net Profit

$655,225 Net Profit ÷ 300,000,000 Maxed OS = .0022 EPS

.0022 EPS x 12.8 P/E Ratio = .0281 per share valuation