TSXV:ART.H - Post by User
Comment by
oilkidon Oct 27, 2009 2:41am
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Post# 16426295
RE: RE: VST Experts - Price Challenge
RE: RE: VST Experts - Price ChallengeWith the NR on the findings we could see 2-2.50 just on that alone. This will be big news, 7 possible zones in 1 location is something that will draw a lot of attention. Add two drilling locations to make it three on the same field, the sky is the limit. WZR NR will not affect us to much maybe .20-30 at most, reason being is VST will already make a NR on there findings so WZR finding oil will be something that everyone already knows and will be a gimmie so to speak.
VST trading down is something expected...I have posted this before. The game is on and it's something we'll have to get use to from now on...plain and simple. I do believe when they spud the well the stock could be trading at around $4 - 5, just because VST will remind investors of this big find.