GREY:SDRYF - Post by User
Comment by
PP_CCon Oct 30, 2009 2:33pm
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Post# 16439871
RE: RE: Don't be surprise to see C0.90 or higher o
RE: RE: Don't be surprise to see C0.90 or higher omost juniors are trading at 50% of their value. Lets say SDX has 12,700 barrels od oil per dayin the first 2 holes ( more holes expect to commence by circle oil ). That is 1270 at $80 per barrel in the ground in only first 2 holes. At 95M shares outstanding, that is about 1.20 cents fully valued. It is trading at .55 which is about 45% of full value. I would say very upside here as we go forward. Can't argue with the numbers, they never good.
BUY and HOLD for $$$$$$