TSXV:ART.H - Post by User
Comment by
justin_a_lyesseon Jan 18, 2010 11:10pm
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Post# 16693195
RE: RE: $20 as share? Numbers for VASTONE and othe
RE: RE: $20 as share? Numbers for VASTONE and otheYou owe me a beer! LOL
Let's hope the recovery rate is much higher than the 16.5% ... AND ... the estimated barrels are on the low side!
But most importantly, let's hope that they HIT oil! There are no guarantees. That being said, this is a life changing opportunity if it pays off. We could all be quite wealthy in a couple of years.
Oh yeah, one last thing: I believe the chinese bought out ADDAX for an $8.00 a share premium per billion barrel discovery. See my post from September :
https://www.stockhouse.com/Bullboards/MessageDetail.aspx?s=VST&t=LIST&m=27447899&l=0&pd=0&r=0So if you look at the big picture, the numbers I gave do make sense ...
Cheers and good luck