GREY:ENGFF - Post by User
Comment by
steadfaston May 13, 2011 12:57pm
149 Views
Post# 18573069
RE: RE: $4.47 ??
RE: RE: $4.47 ??Passportcheck:
You have been steadfast in your belief about Lotshi and you are as correct to-day.
Mean Estimate:
90% ownership of 338M barrels = 304M barrels, would equal 10% of 3 Billion barrels in 1711.
Low Estimate:
90% ownership of 207M barrels= 186M barrels, would equal 10% of 1.8 B barrels in 1711.
The Resource Estimate is only on 7 targets, perhaps there are many more targets to be analysed on
Lotshi site in the future.
Why are people selling?
We need another Bottom Line Report published asap.
I was delighted to get a fill at $1.10 this morning, a few minutes later it was $1.15, I went out for awhile
came back and it is $1.03. Perhaps we need a good shake-out to get the stock moving onwards and
upwards. It should be going up, not down. ENG has more substance today than in 2008.
We need results of 1711 asap.
Keep posting, you always have words of wisdom.