GREY:CLLZF - Post by User
Post by
coughlcon Sep 14, 2006 9:36pm
741 Views
Post# 11366262
Given the increase in reserves- $60 is possib
Given the increase in reserves- $60 is possibin a relatively short timeframe- up to 3 years. The market is not predictable but given that it is based on 1/50th of their acreage and it has a net present worth of $7, it is reasonable to assume that their reserves will greatly increase as new pods are assessed.
just my opinion...I am staying in for the BIG bagger.