Replies to post #640 on Petro River Oil Corp. (PTRC)

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1. fine the latest financials filed with the SEC for PTRC

2. within those financials fine the Net Present Value @10% for the proven developed O&G reserves

3. subtract all liabilities

4. The resulting figure is but a fraction of the fully diluted Market Cap of scam company PTRC

5. this is a $0.30 stock at best

looky petroriveroil.com/author/irpetro/

barrels of current production = 2.2 million per quarter plus whatever else they hit on.

227 + 155 barrels per day. = about 9 million first year.

barrels of oil recoverable is way over the market cap, plus they have cash to expand.