Replies to post #4333 on Powder River Petroleum International Inc (fka PWDR

[Milen]

tricoast1 ....

Patience my friend give it a year or two.

I calculated that the revenue should be at about $60 million by the completion of the 25 well program. This translates into $0.42/Share (assuming that PRVB keeps buying shares back for the next 2 years)

At $0.42/S using 9 PE ratio we should be at roughly $4.00

[estock50]

tricoast1, tomorrow if the third PR comes out it should be information reguarding a new PR firm being added to the team.
I can't say any more because I don't know more than that except I agree the SP price should be moving up and soon be over not just $1 but over $2 or $3.
Hang in there, it is going to take seeing the 4th qtr results and knowledge that each quarter will only get better.