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marcg

09/22/05 6:11 PM

#40 RE: treepeople #39

Tree, great work. All the longs here really appreciate your DD.
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treepeople

09/23/05 12:55 AM

#42 RE: treepeople #39

Re DDV vs. Nord... forgot that DDV is $Cdn, so worth about 20% than USD$.... still!

Tree
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futrcash

09/30/05 5:23 PM

#44 RE: treepeople #39

Tree joined you today.Not selling before Jan.2007
Appreciate your efforts in attempting to establish the value here.

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Rasica

10/04/05 10:42 PM

#46 RE: treepeople #39

Assume half the market-cap for Nord Oil because it has half the daily production -
(but remember Nord has higher reserves)
Then say half that again for the Russia/new entity risk premium (a very aggressive punishment, IMO)

$2B X 50% X 50% = $500 million market-cap

That market-cap is 7.7X higher than the current $65 million

WE’RE SITTING ON A BIG MULTI-BAGGER!

Treepeople

Why assume 50% of $2B, IOWs, why do you feel comfortable doing it this way? I am still studying MTSI and would like to know the specifics about each well. Any advice?