TSXV:ART.H - Post by User
Comment by
Baxter4on Jun 06, 2010 6:49pm
327 Views
Post# 17163121
RE: RE: 9225 Reads
RE: RE: 9225 ReadsGeez goofy, you really are clueless, aren't you. The value of Developed plus Undeveloped oil in the ground has been published as $14.40 per mergers and aquisitions in 2009. In many cases it is higher with China paying over $16/BOE for P2 reserves in the middle east and even here at home P2 reserves have sold for over $30/bbl for companies with lands in areas of high potential such as the Pembina Cardium. It is obvious potential reserves (P3) are given value, it is just the standard measure for assigning purchase values to only P2 reserves.
It was interesting seeing that article on bashing, as goofy seems to fit every catagory as a basher.
BTW, I have 22,000 shares of Vast, which is a comfortable amount for me. I am not currently buying or selling. I would like nothing better than the share value to rise, so if that makes me a pumper so be it. At least I have a vested interest instead of being paid for my posts. How many shares do you own goofy? Do you want me to find out how many shares alkor has so we can add ours together?