OTCPK:BLKPF - Post by User
Comment by
KLunsenon Oct 16, 2008 1:38pm
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Post# 15529379
RE: Zebra4o1, you are right
RE: Zebra4o1, you are right
Zebra4o1,
You are right, Mr Hill says you should look at Pearl as a "economic system", just like TYK was.
The pricip is based on the same model, turn Resourses to Reservs.
The difference compared to TYK is that seismik (?) is ready and "F-costs" are taken - Done with that! says Mr Hill.
Pearl will move faster forward than TYK did - it will become a matematic journey based on - recovery rate VS
oil price- it´s just to calculate - Mr Hill is very sure about this. The experience with TYK supports his theories.
The "system" will be completed 2010!
Be sure to save some PXX´s until then. :o)