Major Oil Sands Projects

[Oscar2000]

Take a look at AMSE, American Sands Energy Corp. Per their website they have 200 million barrels of PROVEN reserves. Typically these oil sand deals are valued at $1 per barrel of proven reserves in the ground, which in this case would put the valuation around $200 million. Given that there are 28.8 million shares outstanding, that would put a vauation of approximately $6.94 per share.

This is one seriously undervalued stock. On September 7, 2012, AMSE President Andrew Rosenfeld purchased 350,000 shares of AMSE @ $1.15/share for a total of $402,500 per his filing. This is a serious purchase that needs to be noted.

This is one of the most undervalued stocks I have ever seen. Take a look at the Company's website and the filings and do your own due diligence as one should always do. This is only down here because this isnt on anyones radar yet.

Here is link to corporate video: