OTCPK:WSRLF - Post by User
Comment by
bigguy6on Jun 02, 2011 11:39am
627 Views
Post# 18662155
RE: So only 40% of 6000 BOD is 2400
RE: So only 40% of 6000 BOD is 2400Heck SDX has 1000 BOD currently and only has a cap of 70 million. If we use the same ratios WZR with only 2400BOD shoud be worth no more than 180 million.....which would put this at around .50 cents max considering the amount of shares outstanding. Something does not add up !!
I own both SDX and WZR...and they are monumentally different plays!!!!!!!!!!!!!!!!!!!!!
WZR is big game hunting and upside potential is massive...where as in comparison SDX is drilling for peanuts in older fields. Your comparison btwn the two is so simplistic....not worth commenting on....so i'm out of here.
Happy investing and GLTA longs!