Replies to post #14826 on BrewBilt Brewing Co (BRBL)

[Talc Moan]

Welcome to GRPR mkavcic89!

GRPR pushed down by a quiet period and some dilution.

Well dilution is over until November at the earliest!

GRPR is a real company fully reporting. News coming soon based on all the activity. Maybe after 4 months they have started production or something else!

Easily we could see 10x run with news flow and no dilution holding us back!!

[AUDACIOUSWON]

From the report on that site:

Grid Petroleum Estimated 41,000,000 Barrels Oil in Place
At $100/barrel that's $4.1 Billion!

Using a P10 valuation of the Oil in Place reserve calculation and assuming a recovery rate of 10% indicating the volume of recoverable oil at an estimated 4,100,000 Barrels of Oil. Using a conservative value for oil at $100.00 USD per barrel and a cost of production at a very conservative $45.00 USD per barrel of oil providing for a valuation of the Companies Interest of the Kreyenhagen trend lease at $225,500,000.00 as determined by the companies geologists.

Grid Petroleum Corp.'s (GRPR.OB) SE Jonah Field prospect sits in the second largest natural gas producing shale zones on the continental United States.
The historic success rate for drilling in the area is 97.9%.
A conservative set of assumptions applied with a healthy risk discount using the Rimini Projected Price Per Share Estimate method yielded and estimated price per share for

Grid Petroleum (GRPR.OB) at $1.77.



GRPR could be a huge runner!