Replies to post #4433 on Value Microcaps Junior Energy

[CPTMatt]

Don't you think though that POE will be available much cheaper if oil does drop into the 20's?

[cl001]

POE going lower? Maybe. Last time it did dip below 3, but it was a great buying opp. It is about 1 dollar cash and can make a lot of money at 20 dollar oil. What else do you expect from a junior oil producer? I don't need to check real time oil price, I can sleep well at night!
Here is a chart of oil producer costs. You will find POE right at the left bottom corner!