Replies to post #22243 on CoreStream Energy, Inc. (fka ZLUS)

[dannoninvest]

If we arent drilling yet for the second well by now, I dont see that many wells in 3-6 months. I see 5-9 wells. But there is always the possibility of getting the foreclosure wells with an undetermined amount of wells that could exceed your estimate. But if they are drilling all of the wells at this pace we might see 2 every month or 45 days. I feel that we should already be drilling the second well by now whether or not the first is finished with production results. And the first well should produce comparable barrels per day as its neighbor. Go Zlus and Im not selling any until atleast .10

[Ace Trader]

Thank you Sterling. Well pointed out. I totaly agree with you that Core Stream is a very good short term investment mid term and long term.
Core Stream will be investing in more oil wells in the near future I'm sure. What ever it takes, 6 months or 1 or 3 years. I'm here for mid term and long term.

To many posters here just thinking they're getting rich over night. That's not the case here. Setting up a compamy, becoming fully accountible, uplisting, it all takes time and money. Someone said today that the company was thinking of up listing to NYSE. It's a little way off there dude.

Anyway, great to be part of a good bunch of people looking to make a buck or 2.
Nemo out !

nemo_bad, even still, here with ZLUS...

Such would still be good for ZLUS. There are a variety of scenarios of which all of them involve ZLUS producing oil from quite a few wells which is the bottom line for where the Revenues will be coming in from.

There were posts and thoughts previously made within the forum that explained how it is fair to consider .028 per share per well to the share price of ZLUS. I took it one step further for those who chose to be extremely conservative and explained how .0093 per share per well to the share price of ZLUS would still be considered very fair.

That means that even under your scenario you mentioned of only 15 to 20 wells, we are looking at below...

15 wells x .0093 = .1395 per share

Or...

20 wells x .0093 = .186 per share

I think such will happen over the next 3 to 6 months, but even if it is the 1 year time frame as you have stated, then I have no problem waiting for that time frame too. I am planning on being here much longer than a year with ZLUS.

Still, you can refer bask to the valuation posts and mix and match whatever change of variables to the formulas I had provided to derive the answers to even more options for generating its Bopd. Regardless, I think ZLUS is a very solid short and midterm investment and an outstanding long term investment.

v/r
Sterling

[patchman]

This is opinion and not fact correct RE:$0.0093 value per well?