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Petro One Energy Corp CUDBF

Energy Oil & Gas E&P


GREY:CUDBF - Post by User

Petro One Energy Corp
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Comment by nicky1969on Jul 13, 2011 4:53pm
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Post# 18828216

RE: RE: RE: Any Area Plays

RE: RE: RE: Any Area PlaysHey Ragu,
I did some research on the info and picks you mentioned.  WPP seems to be producing about 120 BOED....witha a market cap of 12 million for an average of 1 million marketcap for every 12 BOED.  So if this well POP just announced is around 200 BOED should the market cap be around 20 million.....not 70 million.  Yes I know there is future potential however I think the SP might be ahead of itself until more is proven.
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Dealroom for high-potential pre-IPO opportunities