GREY:CIMVF - Post by User
Comment by
SENSAI1on Feb 14, 2008 9:26am
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Post# 14371535
RE: Let's do some math here - $1.50 - $7.50/share
RE: Let's do some math here - $1.50 - $7.50/shareI agree that they are being a little conservative with their estimates, maybe even underplaying this a bit but it's a good base to start from, he doesn't want to overpump this project by giving the true estimate of billions of barrels there which is fine by me.
Why do you think they have gone to all this trouble to see this project through, they know the immense potential there from the Memorial University study and from the fact that the previous drill completely missed this target as the target is still there.