GREY:CUDBF - Post by User
Post by
stockbabyon Jul 16, 2012 11:15am
334 Views
Post# 20116967
1,000,000 barrels
1,000,000 barrels in reserves is worth $1.69 per barrel......................................??? Why is price so low...........
The market is trying to evaluate this property as being in production................they need time to organize.....................this happens with all oil stocks that try and get into a production mode.......its not easy
BUT......they are not giving us any update.................the stock is undervalued.....at this point in time the stock should be at
.60+++++