Oil Optimization Inc V.OOI

RE: LIKE this QUOTE

[Dave4444]

 

 

 

Nice to be able to buy shares of OOI with a market cap. of only $9 million that has prospective resources of 95 million barrels in 12 targets on Block L9-48 and 23.7 million barrels in 5 targets on Block L14-50.  At $10 per barrel value in the ground that would be about $1.2 billion worth of oil for a $9 million market cap. company.  Now of course you have to discount the value for chance of success, but there are oil fields in the neighbourhood so chance of success is good.  Even a 25% success rate would give the company over $300 million in oil and the chance is likely higher.  Even if they bring in a 50% partner, they are still grossly undervalued given the potential of there land area.  And don't forget, the value per barrel jumps when they start producing it.  But just my thoughts.