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Avion Gold Corp AVGCF



GREY:AVGCF - Post by User

Bullboard Posts
Comment by MountainHikeron May 24, 2001 4:16pm
286 Views
Post# 3782916

RE: consider the following

RE: consider the following I have been in this company from the begining. Look at what the market is telling you. Here is a company with 125 million shares O/S, they have announced a two well drilling program in trinidad, limited production, no debt, and trading at new highs. Look at the graph people. Supposing you could expect $20 per boe expect a price of around $1.20 in the next month or so. This is taking into account 25% interest in this block and assumming risk free exploration and a prize of about 30 mmbbls. This is a fairly pestimistic forecast in my eyes. manmillion, I suggest you look at bit closer at their fully diluted shares. It is more than 125 million shares outstanding. Am I bullish? Yes. I am not going to silly enough to provide a stock price with such little information to work with. But, please before accusing me of doing something, get your facts straight.
Bullboard Posts