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Wednesday, 12/11/2013 1:52:50 PM

Wednesday, December 11, 2013 1:52:50 PM

Post# of 5439
Take estimated barrel reserves of both Chevrons and Daybreaks analysis and times it by current Kern first purchase spot price. Once again, what if the ES Lease has more reserves than Chevron came up with after they analyzed? Ever think of the twist that Chevron low balled it on purpose and Daybreak went even lower LOL?

It's a very lucrative lease loaded with barrel reserves only now just beginning to be scratched on the surface of exploration. It's close to a refinery which reduces trans costs, here in California in oil rich and gas country, massive acreage, crude has risen dramatically, low cost drilling, inexpensive storage and infrastructure being built to handle increased capacity now and in the future.

Our Market Cap is grossly undervalued along with our PPS...we're not even talking about KY as of yet with barrel reserves and net to Daybreak. We're sitting on hundreds of millions of dollars in crude alone in ES and we're trading at .45 range LOL. MM's knows what's going on...no surprise there the bands have tightened that's why PPS has risen. Sure we're not seeing heavy massive volume yet, but it's slowly being picked off with limited different MM's playing the game. But, that's the smoke and mirrors they play oh so well...extremely undervalued. Acquire acquire acquire...hold...sell some off...drop it back down raise it back up rinse repeat. Market demand for our common stock will increase over time it's a solid value.
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