Looking for REASONS to INVEST in POP?????LOOK AT THIS: (Its all here)
Korean Culture is all about losing face, do you think Chairman Lee would go in the National Newspapers claiming $100,000,000 is a done deal if he wasn’t going to do it? Also Chairman Lee states in the article he put both the current and past presidents in office at the Blue House in Korea. Not following through would be a major disgrace for Korea and Chairman Lee.
Please people do yourself a favor and put your logical thinking cap on.
Cash = $20,000,000
9000Acres x 5000Acre = $45,000,000
GSR Stock & Warrants = $2,100,000
6Millbopd P1+P2+P3 = $60,000,000
=$127,000,000 / 59,000,000 shares out on POP = $2.15
This valuation gives zero for blue sky (production) and another $82,000,000 cash coming (as per Chairman Lee) to drill 97 low risk development wells.
Read more at https://www.stockhouse.com/companies/bullboard/v.pop/petro-one-energy-corp#0huif0qDdIYpRsfF.99