GREY:PTVYF - Post by User
Comment by
JohnnyLingoon Apr 12, 2010 3:47pm
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Post# 16982948
RE: RE: Huge News!
RE: RE: Huge News!
Or put another way, all of the netbacks (which at today's prices for 41 API oil should be between $50 to $60 per barrel given existing facilities) go straight to PTV's bottom line and allow it to grow from cash flow. The two recent discoveries won't turn PTV into PRE overnight, but the key is that they take almost all of the speculation risk off the table. This stock will be
.50 soon and with a little more drilling success will only grow from there. JL