GREY:ROAOF - Post by User
Comment by
investor2003on Jul 27, 2006 2:24pm
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Post# 11154760
RE: Spec. from another board
RE: Spec. from another boardthat is from SLG, i.e. 2$ per share with 35% interest, with 7 million barrels. (80 million shares out)
Hence for OIL stake...that is: 65% interest....13 million barrels, that would make it 1.50$ for OIL's interest.
Conclusion: Before this, it's worth allready 11-12$. Do I need to say more.