Replies to post #163 on Monolithic Trading (MONO)

[TheMonolith]

For me it's a lotto play. Meaning I have a little to where if it fails it won't hurt me, but the payoff could be 300 percent plus. I'll try to get the person I found it through to make his case here.

[zenvesting]

VLE.to: Everyone is chicken to invest in Turkey, that's why this discovery is being valued like chopped liver by many, but I think when drilling and testing resumes they're going to put up some numbers that put the Turkey on the table.

I don't think we need dig too deep into the geology, as the D&M Resource Report does a pretty good job of showing the very preliminary exploration work they've done shows the company is sitting on billions of dollars worth of natural gas and condensate already....with some significant upside potnetial which they intend to explore this summer: https://www.newswire.ca/news-releases/valeura-announces-prospective-resources-for-unconventional-basin-centered-gas-prospect-673038843.html

I understand the trepidation about investing in Turkey, Erdogan is a wild card, but even at that, Turkey has no history of ever nationalizing an asset or company. Valeura's partner, Statoil (66% owned by the state of Norway) is the best strategic partner one could imagine for bringing political pressure to assure Turkey acts in the best interest of free markets. Turkey is 99% reliant on foreign natural gas supply and desperately needs this asset to be developed, which could help stabilize their energy supply....and even the value of their currency.....yes, this discovery is really that big. The asset also happens to be smack dab in the middle of some major energy pipeline fairways, so investment to get it to market will be minimal.

I have invested significantly here, I think these slides go a long way to showing the value here: