Replies to post #1050 on Mainland Resources, Inc.(fka MNLU)

[ChampagneBob]

Wow! That's way beyond my comprehension, probably only a 10% chance of 1.5 TCF of net gas find to MNLU interest in the Haynesville....

Shallow LA above the Haynesville maybe $50 million in present value...

Shallow Buena Vista maybe $100 million present value...

So $150 million with 80 million + shares equal about $2..... still say 50% chance of $2.50 IMO!

Just thought about the share dilution factor of merging of AEXP into MNLU to consider also.....