GREY:ARHTQ - Post by User
Post by
Keeeet123on Jun 06, 2011 12:52pm
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Post# 18676092
$20
$20Guys 20 is realistic with time if they hit big on this thing.... It would not be overnight but as they kept drilling it up it would easily be worth that. My only concern would be management and what there plans are..... They will very likely takeover LFD if they hit so that will add to the cash flow quickly... FCP went from nothing to over 20 bucks. It did so basically each time they drilled up the resource. As they had over a 100,000 flowing barrels the stock kept climbing and each time they released that the next well flowed 10,000 barrels a day or whatever it was the stock jumped up a couple bucks or so. If Iraq gets more stable as well it will add some huge upside as well........ These things are cheap relatively........ Yes there is a lot of risk but less dilution with the warrants expiring on Friday... Maysteeler takes a lot of flack with his predictions but realistically they are not wrong down the road......... Same as Oilexco.... FCP and many others... All they need to do is get production going.
Do your own DD>..