TSXV:TLC.P - Post by User
Post by
prospect_93on Jul 21, 2010 11:42am
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Post# 17284892
Reserves
Reserves
Here it is again. Vertical wells in the area are recovering 7% of original oil in place. Stockblade( dope smoker too?) would like to pretend that we still don't know what we are going to get.
0.07 x 6,700,000,000bbls OOIP = 469,000,000 bbls recoverable
This is more than bankers recoverable increase last march and it's not oil sand which is expensive as hell to harvest.
My suggestion is for people who have bought in to take a break from this board and come back in a week. You can then brag about your new porche.
Don't worry about this mornings open. If you any cash left, buy some more!
GLTA