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International Frontier Resources Corp V.IFR

Alternate Symbol(s):  IFRTF

International Frontier Resources Corporation (IFR) is a Canadian company that is focused on advancing oil and gas projects. The Company, through its Mexican subsidiary, Petro Frontera S.A.P.I de CV (Frontera), is advancing the development of petroleum and natural gas assets in Mexico. IFR also has projects in Canada and the United States, including the Northwest Territories and Montana.


TSXV:IFR - Post by User

Comment by rockhounddogon Aug 04, 2011 10:02am
175 Views
Post# 18903010

RE: RE: Signs, Signs,everywhere signs

RE: RE: Signs, Signs,everywhere signsBob, that is one part of this area that many miss. We are a cash machine here with little or no overhead and fee based percentage income. The area as a whole has all the basics to make one of the most prolific and lucrative finds in history. For little IFR, I think someone calc'd some numbers on here, to the point of $13 a share ? You will have to readjust that as production methods improve and land costs go through the roof. Again not a stock guy but if the two rumored Rossetta/IFR wells are hits to any degree, then I expect mid .90s easily. The US government is quietly forming a domestic energy plan, using the shales as a center piece. Should be very interesting next few weeks as these wells all start to come in and report.
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