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Diaz Resources Ltd V.DZR



TSXV:DZR - Post by User

Comment by anticlineon Sep 17, 2010 2:42pm
282 Views
Post# 17462166

RE: Building momentum?

RE: Building momentum?Still very quiet here.  Things seem to be slowly coming around.  Sometime later in the year Diaz will add another 90 bpd from the Lloyd wells.  The Shaunavon well remains a mystery pending further news.  If the later well is a good producer this could become a very interesting stock that should leap in value.  If the well is a dud then we have to slowly add value via the Lloyd play unless Diaz has some other SK wells that they are working on.  Time will tell.
As it is, production is somewhere around 525 bpd and that should jump to 615 bpd with the Lloyd wells tied in.  If you crunch the numbers on a flowing bpd/year this stock is very undervalued.  Perhaps Mr Market does not like the Bob Lamond stable of companies, or Mr Market has overlooked Diaz since it is a micro-cap.  Obviously I am hoping the market has completely overlooked this little outfit.
GLTA
PS: where is iamwcw? Hopefully resting comfortably somewhere in Alberta and preparing a new blog post.
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