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Bowood Energy Inc V.BWD



TSXV:BWD - Post by User

Comment by chizledon Mar 30, 2012 12:16pm
337 Views
Post# 19738992

RE: Interesting

RE: Interesting

thanks for the link ,very interesting . I think that Dee Three having success out of the over pressured zone is just a positive for the area . A wider range for big success in the  south .  While Dee Three continues to fire away it will drive the stock price . Interesting note in the research report :

based on DeeThree’s estimate of ~40 net prospective sections, 12–15mmbbl in place per section, 10% recover factory, and C$15–20/boe unit value, we see the unrisked upside value here potentially over>C$10/share.

With a market cap  currently  just under 300 million with the new follow through offering . Current targets of 40% higher and potential upside of over 100% . Doesn't Bwd warrant a higher valuation just on Land position alone . Considering the continued success in the area ?

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