TSXV:ART.H - Post by User
Comment by
VASTONEon Nov 28, 2009 7:04am
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Post# 16532623
RE: RE: RE: VST going to $20
RE: RE: RE: VST going to $20Maysteeler23
I have already stepped into hopefully the life changing potential VST offers and have held VST for the past 12 months. I average 15% above todays stock price and can assure you I hold a significant investment in VST and will be holding for the long term. I know that if VST strike big then the stock price will fly, we all know that.
What I dont know is how much oil VST will actually find, 3 billion, 5 billion, 10 billion+ , who knows including you. I also do not know what the eventual production costs will actually be (and neither does VST if you ask them) and what future share dilution there might be to raise the required working capital and neither do you.
I agree that if VST strike big then we are all going to make alot of money and the upside is jaw dropping. I have already made 7X my money with GKP who have a 3 to 5 billion discovery. I still hold GKP and hope to make more.
I think VST has the potential to be maybe a $5 to $15 stock but that is about as tight a range I beleive could be thought of without factually knowing all of the factors above which neither you or anyone else yet knows. As another poster commented, even at $5 or $10 we shall all hopefully make alot of money and I agree.
You are pumpnig this stock at 37X todays stock price claiming you have the maths to back up your $20 number. Well if as you say you have done the maths, then you must have a better crystal ball than I have, so post your $20 analysis here for other VST investors to share and debate its basis.
Yours in great anticipation
Ignorant VASTONE