RE: RE: RE: RE: POSSIBLE VALUE OF CGX - AFTER ISSUOh my bad, sorry OIL_RUN and Skier. I have been reading over a few companies that have hit the big one over the past while and I do notice sometime. Their SP's were much higher than ours right now, whether it be Chevron, Pacific Rubiales, or a few other companies. With our SP being around .75-1.15 the last little while I wonder if we have a full potential to reach 40 plus dollars. Am I just being conservative or perhaps something like this is reasonable? I would love to see one day this SP that high.
Also, reading on CGX site, the probability of Oil is 75% for Eagle Deep because of the closeness to Abary from Shell in 1974...I have a strong gut feeling that they are going to be absolutely correct with this assumption. If Eagle Deep has the potential and then some, that value proclaimed by OIL_RUN will look like pennies because of the conservative number he used in the calculations.