Timeless Capital Corp V.TLC

RE: ACG peers

[stockspy1]

There are none.  You can't compare to anything.  They have a reserve report which many many companies do stating  best case scenarios but the ultimate answer will be found in the drill bit.
They have no production, Galleon (which has been a disaster) is the only other public company that has land in the vicinity and they are getting rid of it.
They frac'ed the well two weeks ago and the well will then be cored, looged and evaluated.  Maybe a driller saw something?, maybe specualtion, anticipation?(the share runup)
it's a crapshoot.  The well would have to come back at over 2000 bbls/day to now justify the market cap. (don't quote me on that- maybe more???) Tight shale is incredibly difficult (just ask the Quebec Utica players that saw the runup and subsequent fall),Mooncor perhaps? However in more recent years new technologies have been developed to help extract (see Bakken)
I remember Falcon oil and gas as most probably will and they had a reserve report that was off the charts, it went to $3 bucks or something and is now .20 cents. 
ACG may trade higher, but they will eventually have to dilute, and the well may not be economic and they may have to plug and abandon. They have no cash flow at this point, or it may be the biggest well in history..........you all know the reality, play with the casinos money.................
Too many variables in place to make any real comparisons.