Replies to post #7792 on Strat Petroleum Ltd (SPRL)

[abbam]

[J.C.N.]

"this should be in the .50 range just based off all the sludge," (Guilty as charged)

However if you look at companies that have next to nothing asset wise they are trading much higher than SPRL. So I was using a figure that usually I do not get into for the most part. So yes I am guilty.

You may commence the whipping post punishment for my lack of sensitivity and due diligence and going out on a sludge limb. I hate when I do that.

Take care and actually you started some good discussions here.

Brent