GREY:NKRSF - Post by User
Comment by
dubsbson Oct 23, 2014 1:28pm
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Post# 23055052
RE:RE:RE:RE:$2.50 is liquidation value
RE:RE:RE:RE:$2.50 is liquidation value BP was banking on higher prices from indians. If you read all up to date info from BP they spent 7 bill and have not yet been able to make money. they have deep pockets to wait out the storm but I don't think BP shareholders would appove another purchace with no return on equity. (or anybody else for that matter). I would be very surprised. I believe NIKO will try to stick handle their way through this buy selling exploration portfolio, relinquish asset back to goverment and stop all cap -x. I believe share price could reach .20.