OTCPK:OEXFF - Post by User
Comment by
kukamanon Apr 12, 2018 5:31am
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Post# 27871355
RE:New presentation, new detail.
RE:New presentation, new detail. You are right, there are many interesting things in the new presentation, for example:
Highly Valuable Gold Creek Land Base - 49,600 net acres of Montney lands
- Land in the area has been largely owned since 2013 with land prices for larger parcels or corporate valuations in the $3,000 to $12,000 per acre range
Just do a little bit of maths and multiply the 49,600 acres with $3,000 and you end up with around $150 million which is way above the current market cap of IBR.
The month of May will be very interesting with the two new wells and possible cryptocurrency mining and hosting opportunities.