American Biofuels Inc C.ABS.H

Primary Symbol: V.ABS.H

Energy Oil & Gas E&P

American Biofuels Inc. is a Canada-based company. The Company was engaged in the acquisition, exploration and development of oil and gas properties including biofuel resources in the United States and Canada. Its wholly owned subsidiary is 1205742 B.C. Ltd. The Company is primarily focusing on pursuing the acquisition of a business of merit.

TSXV:ABS.H - Post by User

American Biofuels Inc

Bullboard Posts

Comment by dukemanon Mar 17, 2008 1:38pm

664 Views

Post# 14734283

RE: TAE a longterm oil play

Still early to guess at where the stock will be trading at 12 months from now.Timing a stock or the market is tricky,look at todays meltdown in the North American markets,shear panic selling.Things change day to day and it doesn't seem to get any better.Oil and gold on the otherhand is heading up and continues to hit new highs.I'm looking at 5-6 cents as fair value today for TAE and who knows where the stock will be (6-12 months).If oil prices continue to remain high and TAE & ODE are successfull at taking these new wells into production,it would be safe to say that TAE will be trading at much higher prices a year from now.

Bullboard Posts

From now on, dynaCERT instead of Bitcoin or NVIDIA?