Replies to post #87727 on Savvy Trades and Investments

[littlejohn]

LPI is casting out 3 times reserves versus

what they will hold after

pending transaction...


Market loves it for some reason...


go for short term oil and

ignore long term, not far off,

big rise in natural gas use...


Or electric autos don't get

spoon fed to folks as expected...


https://www.otcmarkets.com/filing/html?id=15005160&guid=0D2UkWBjCLllc3h


No idea how EGY approaches their

estimates on reserves or if they

were impacted by lower production

at any time in 2020...


It's just over my pay grade and

head too on reserve estimating...


I do fill up every 4 days in

case EGY over estimated reserves...


so we watch...LJ

[littlejohn]

AXAS 2.97, 8 times higher reserves than EGY

showed at end of 2020, more

or less,

while EGY has about 7 times

mores shares outstanding...


https://www.otcmarkets.com/filing/html?id=14933842&guid=0S2UkKFgA0DaEMh


and AXAS reserves are discounted

4 fold from year end 2019 to

year end 2020 for accounting...


Reserves or production?...


Would be cool to see these

2 together like a quarter

pounder in a MickyDee holder...


So we watch...LJ