Replies to post #5817 on PENNIES TO DOLLARS

[GordonGecko]

looks like the reversal is ON! :)

[IAMSAM]

IMOT...mot-mot-mot-mot-mot! LOL! /e

[NYBob]

Fiat PENNIES TO DOLLARS - To Real Gold Money -
on the LT CALVF -
Target Au 100,000 Gold Production -
is now producing Au 40000 for about $650/oz with
low cost 850 mine workers -
on the go to open up 3 more past Gold Mine producers -
on their large Blanket Gold Mine property which has
268 old gold mines producers :-) now 100% owned by....

CALVF Au Q-Sheba Gold Mines profitable bottom fishing -

July 29 (USAGOLD) — Gold is pressuring record highs again
after speaker Boehner's plan to pass legislation that would
allow the debt ceiling to be raised disintegrated last night
in the House.
It would seem that yesterday's rumors that Congressmen
affiliated with the Tea-Party were falling in line behind
the speaker were unfounded.

Got CALVF Au Gold Mines bargain penny plays -

http://investorshub.advfn.com/boards/board.aspx?board_id=5294

[SeaOhToo]

EORIF-Enhanced Oil Resources Inc. (TSX-V Exchange Symbol EOR.V)

SP .13-.14 $20-22 million.

Cash on hand $17-22 million
Production 486 BOPD ($35-40 million)
26,000 Permian Basin Acres (PV-10 value $54 million)


.....is a Houston based oil company that owns, operates and produces oil from 3 legacy oilfields in the Permian Basin of eastern New Mexico. The Company's vision is to become a leading energy producer in the Permian Basin through development of it's oil reserves by utilizing technology improvements such as well down-spacing, fracture stimulation methods and, longer term, through CO2-EOR enhanced oil recovery. The Company's independent engineering consultants have estimated that these 3 legacy oilfields have produced only 55 Million barrels of oil from a total in-place resource of approximately 320 million barrels. By utilizing modern technology improvements including full field CO2-EOR these fields could produce an additional 60 Million barrels of oil and, once developed, could produce in excess of 10,000 barrels of oil per day.

Enhanced Oil Resources is a producing an average of 486 barrels of oil per day at the end of Q3 2012. The Company has assembled an asset base of legacy oilfields that have considerable potential for reserves and production growth through redevelopment of these assets by well down-spacing and enhanced oil recovery processes. The Company purchased the oil fields for less than 10 cents a barrel of potentially recoverable oil, initiated and completed a successful CO2 pilot flood, commissioned and received independent reserve reports on the EOR-CO2 oil potential and secured a near term supply of CO2 through a gas delivery contract with Kinder Morgan CO2 Company, L.P. With the CO2 contract now in hand Enhanced Oil Resources has put in motion the development of the full CO2 flood that is projected to increase production at Milnesand from current levels to over 2,500 barrels per day within 4 years.

Enhanced Oil Resources Inc has initiated the re-development of the Milnesand field in preparation for CO2 injection that is scheduled to begin no later than August 2015. The re-development includes up to 64 producers and 89 injectors. The re-development plan begins by decreasing well spacing from 40 acre spacing to 20 acres spacing to increase reserves and production not previously accessed by the broader well density. The systematic program would consistently increase daily production up to the injection phase and then increase it once again once injection starts.

CO2 Injection starts during the 4th Quarter of 2015 with peak CO2-EOR oil production increasing by an additional 2,500 BOPD in Year 4 of the CO2 flood at Milnesand and 7,500 BOPD at Chaveroo.