I created my ID today, because that's just the date I did. I don't post on boards as general rule. I have been accumulating ARET for many many years. Think about it...even at $400.00 barrel...we're only talking .18 cents a cup. The world has been getting cheap oil and that is about to end. many products that are sold today, if you broke down the energy costs that are past through to the consumer for many products..we are already paying over 300 barrel oil already. And if you read about the huge reserves that both China and India are preparing for...and the fact that even as the world consumes @85 million barrels today...where do you think the price is going to go to when we are already pumping all the oil that we can currently. Most of the worlds oil fields are old...and depleting at a fast rate...and there have been no new huge fields that have been discovered since the 70's. The world is on track to be using 120-140 million barrels of oil a day by 2012-2016. That isn't too far away.
the key with ARET...they don't need to explore for reserves. They already have PUDS. They simply are buying 10 bucks for 1 buck. It's a simple as that. Do you really think they can't sell the oil or gas? I doubt it. In fact, they will use the oil as collateral to open more wells. IMO.
So...concerned about the funding? NOT ME!! Any investor would lend a buck to buy 10 bucks. It's not rocket science to me. It's simple math. And remember, we already are a company. We have a gas pipeline bought in 2006 that is producing revenues. It's all in the PR...re read it again.
Remember people...some can't see the forest for the trees :)
I can...and to me..we are way over sold. I think with news...we blow past .04 in a heartbeat. You're either on the bus or not when it leaves the station.
I have my ticket...well, tickets!!! All aboard!
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