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Re: ChitownMike post# 10005

Thursday, 12/12/2013 1:14:46 PM

Thursday, December 12, 2013 1:14:46 PM

Post# of 14747
Bases on the number of barrels currently in production 200 per day @97dollars a barrel total value of the prodution is $19,400 x365 = 7,000,000 million per year with about 62 million share outstanding, this should now trade at 0.11cts a share. Once the additional wells are computed in to the revenue of the company, this could well trade over $1 in the next 4 to 6 months. People don’t seems to understand how under value this stock is now.
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