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Atikwa Resources Inc. V.ATK

An oil and natural gas company


TSXV:ATK - Post by User

Post by funkshow33on Sep 06, 2012 4:30pm
450 Views
Post# 20327339

100k a flowing barrel

100k a flowing barrel

k lets use that number... atk has 250 boe... so 25 million- seven section at windfall they sold a 1/4 section for 250k so lets call it 5 million for windfall---- 30 million  PPH ( I dont' know much about this property except it's what sunk us... and Roncott has 1 verticle and 1 dry hole... we'll never get to learn it's worth.. it's a small land claim also... through in some sesmic 3d data and some tax carry forward... and the engeneered report of probable reserves.  40 million.... our debt is 5 million so 35 million = 12 cents a share... not likely... but that would be great

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