RE:RE:2% royalty
The stock is being promoted, so it could easily go to 30 cents. but the question is value. the reserve report will take all those parameters you mentioned into consideration. and the P2 value was 38 million. to get that 38 million value they have probalby spent close to the same amount, so they have not really added much value. its not junk, but the acreage is not comparable to paramount.