Trading Soon GSR / POP JV To Go AheadPOP & GSR's 50/50 JV targeting 18 400 BPD development wells in Manitoba is about to go ahead. Last chance to get stock at these levels (.20`s) will be gone very, very shortly. Its obvious to me as the warrants were extended. The exchange would not have done this if something was holding up the deal. Smart Money that buys POP now will have a easy 20% - 50% increase as soon as we get exchange approval that is basically just a technicality at this point. Then once drilling starts were headed for the 1 buck range. Having over 30 years investing in quality explorers across Oil/Gas and Hard Rock this deal not only feels right it passes my hard nose smell test also. Math doesn't lie , the numbers add up. Management has done an excellent job. POP is getting $98 net backs on J5 as stated in their last press release due to the location and quality of the Light Oil in an area that is predominantly heavy bakken. Penn West is paying above spot price to blend POP`s light Oil with their heavy bakken to bring up the value of their Oil. That's right people, POP management was smart enough to see a extremely rare situation. That makes 3 , count it 3 Billion dollar MCAP companies that are doing direct business with POP. That's not by fluke, Arc Energy, Canara and Penn West are all in bed with Petro One. Gee...... I wonder if any large companies will take a run at Petro One Energy in the near future. Doesn't take a brain surgeon to figure that answer out !!! ****DRILLING COMMENCING**** J4 Development Reef Target 400 BPD expected production 18 Development drill locations x 400 BPD = 7200 BPD 7200 x 100,000 CDN (industry average) = 720,000,0000 MCAP Divided that by 2 = $360,000,000 50 50 JV POP GSR POP Valuation = $360,000,000 divided by 59,000,000 shares out = $6.10 Share Price GSR Valuation = $360,000,000 divided by 71,000,000 shares out = $5.07 Share Price Lets think for a second.... Its basically the same management teams behind GSR and POP. Petro One has the highest net backs in the industry, POP has 3 Billion dollar MCAP companies in bed with them right now, ARC is going drilling 3 more wells in, Canara is drilling on another well on POP`s property in. POP and GSR are going drilling on the program laid out above, starting with 3 wells right out of the gate. If people cant figure out that production and cash flow is about to explode who cares, really. Facts don't lie, stock prices eventually always respond to facts and the fact is production is imminently going to have a major jump. POP has another 6000 Acres outside of the lands stated above and in POP`s last press release they tell us that their in negotiation with other Senior`s. I believe them as they have already closed 3 Billion dollar companies as partners at ZERO COST and ZERO DILUTION to SHAREHOLDERS. Oh ya,,,, by the way..... the same management team just won discovery of the year award with GSR. I have never heard of a team that has pulled of having major success in 2 companies in different spaces all at the same time. Is Superman behind these companies !!! If that's not proof enough that being a shareholder in POP or GSR is a good idea you shouldn't be investing in the markets period. The Writings On The Wall. Its just a matter now of when opportunity knocks.......do you answer.