TSXV:ART.H - Post by User
Comment by
VASTONEon Dec 06, 2009 5:13am
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Post# 16558224
Maysteeler's Maths at Last VST $20!
Maysteeler's Maths at Last VST $20!Well here it is everyone. Maysteelers maths and analysis of how VST is going to $20
"I did, but you're too dumb to know it. Compare VST to HOC, and you get $20, if VST finds a billion barrel payload"
I have pressed him countless times to justify his missleading pumps on his $20 valuation and this is the best he can do. He will not even state how many Billion barrels his comparison is based on, just "a billion barrel payload"
I hold a large personal investment in VST and shall continue to hold to at least VST reaching TD. Like Maysteeler, I know if VST hit a giant or super giant discovery then the stock price will fly and hopefully make us all alot of money. I do not know however just how much and NEITHER does Maysteeler. I am not a VST basher and would prefer to spend my time discussing the postives and huge risk reward potential of VST. I do however take exception to Maysteeler's continuous misleading of potential new and inexperienced investors in VST who assume he can verify his $20 valuation. Well he cannot.
Maysteeler has no more idea than I do whether VST is going to $5, $10 or $15 and by the way I will be very happy if it makes $5 which would be a similar multiple of SP to where GKP are today compared to about the same VST starting position and that is with GKP having a verified discovery of 3 to 5 billion barrels. On this basis VST would have to discover about 21 billion barrels to justify $20!!
Maysteeler, please stop posting VST going to $20. It may well reach $20 and I hope you are right but the facts are you you dont know this anymore than you know they may reach $5 or $10.