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genstock

02/09/15 11:28 AM

#6180 RE: Hamilcar54 #6178

Its just hard to put a multiple on it right now since they wont have any revs from anything else but what the hit for right now,If anything the market will tend to over price it especially if they hit big as people will be trying to figure out the value of the rest of there area. I think this is easily a 20$ stock just based on the reserves on the properties theyve done seismic on. Just wait till you see whats announced and youll know why i think this.These prices are extremely cheap.