InvestorsHub Logo

Lickety Split

02/28/06 7:22 AM

#26650 RE: Julius Erving #26647

Julius,

Go to Raging Bull, and look for a poster call Bullwriter. He has a continuous post of the significant items on this company. It is quite in depth. It is your best bet if you really want to learn something about this stock.

Strass

upatnight

02/28/06 7:30 AM

#26652 RE: Julius Erving #26647

If you have been following this stock at all you might have some idea of waht they are sitting on. There are links on the opening page which will give you a great primer for your on DD.
There are many rumors, some substantiated, about buy ins from potential drilling partners from anywhere from $3,$5 or higher at the signings of the psc's (production sharing contracts). This stock can get over hyped in so many ways, low ball estimates for twelve months would be, IMO, $3 to $5. If we go from estimated to proven reserves, it could be $10.00 or higher.