TSXV:ART.H - Post by User
Post by
goldtoeon Jan 16, 2010 6:22pm
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Post# 16687462
1927
1927
when they found oil at Baba Gurgur at Kirkuk there were no other producing wells in the area... it was the first and it was a blowout!
Vast/Niko have the very best hand selected block that was available because of their contacts. The domes and saddles of black mountain are very similar to the Kirkuk oil field... they could have just chosen the highest dome to drill on.. and after their seismic program was completed.. that's exactly where they decided to drill.. on the highest dome.
There is a huge subsurface structure with oil bearing formations at black mountain. My money says they will discover oil and it will be so large it will be the talk of the area for some time to come! How's that for confidence?
Any SERIOUS investor would not pass up the chance of investing in Vast. Those that think it's too expensive or it's too high of risk.. just checkout the s/p after they hit their first shallow target.. lol.. like i said many times in the past.. people had months and months to by Vast at .10 to .20 cents for months.. so no excuses for those who have to bash a stock to maybe get it a nickle cheaper.
salute