GREY:TBTEF - Post by User
Comment by
8675309Jennyon Aug 08, 2015 10:41pm
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Post# 24000925
RE:RE:Core Labs CEO on oil prices - WTI at $70+ in 100 days
RE:RE:Core Labs CEO on oil prices - WTI at $70+ in 100 days
well everyone is entitled to their opinion, it is a message board, but I would definitely disagree with that comment. Stocks on a big decline for a "reason" will have huge volume and a spike lower. Hasn't happened here. I gave the math of this stock, and if you can beat the math of spudding 18 wells since June 1 .... you have it there. Both T. Boone Pickens and the CEO of Core Labs predict (based on how oil wells actually produce) ... predict $70 WTI by year end, which is close to $100 Canadian. Twin Butte will look like the greatest company in Canada if they are right, with over 18 wells all coming on , just when the price is moving up. It will be a beautiful thing, and new millionaires will be born. Buying 1 million shares at .45c is far less than buying a house in Toronto or Vancouver .... with a dividend ... and there are lots and lots of people that can do that trade.