RE:RE:1.300,000,000 BARRELS OF OIL PROVEN AND PROBABLEStop, you're killing me with your math skills. You using fingers? Abacus? Let's make it easy. 1 billion barrels @ $6 a barrel is $6 billion. Over 500 million shares (0.5 billion) is $12 per share. Too bad you have to wait 100 years to get the $12. I don't think I'll make it that long, maybe my great great grandkids, but one more double to $5 would be nice.
CLOUDER wrote: well oil is now $129 wti, just sitting in the ground ATH `s 1.3 billion barrels is valued at abou 1.4 trillion yes full price 1.4 ish TRILLION $ AND ATH is trading at a market cap of $1.4 BILLION, 1% OF THERE VALUE at this time.