TSXV:JML.H - Post by User
Post by
Ironmask1on Jul 04, 2008 12:16pm
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Post# 15257943
Reminder
ReminderRemember that JML wasone of the first tothe region and they secured almost 1millon acres in what they call thebest potential in the area. They went out and staked the best land yearsago. Questerre and Squatex are neighbours to JML.
The CEO also mentioned that he thinks people are gonna be happy with the resource numbers in it.
Evena$50million market cap which is still considered undervalued inthis sector would bring it to around $1.60 for an example of what thiscould do in the coming DAYS.
Geologists of the JML team believe that there could be billions of barrels of oil in Lac. St Jean.Ifyou look at the map, this area is to the west of the st.lawrence byabit. Any major hits there could also cause a staking rush around us.
Previous work has been performed in 1954,1962 and 1974, indicating secondary evidences of the presence of hydrocarbons.
In the1980s, surveys from researchers of INRS - Georessources have givenanevaluation potential of two samples of Pointe-Bleue schist beingcloseto 120litres of hydrocarbon per ton of bituminous schist.Correspondingratio 2 on 5.
GLTA