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ragmuff

10/05/07 11:50 AM

#28367 RE: SUBITO #28365

Reserves to well head less costs and shared percentages equals Company worth, which will be far greater than 2 cents per share.
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greyghost

10/05/07 12:06 PM

#28371 RE: SUBITO #28365

good post,
i look at reserves as a base for share price, example reserves value a company at .05 share if all leases are sold. however start drillin and it goes expotenial in value. this is why i said the stock is explosive!