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Petromin Resources Ltd. V.PTR.H

Energy
"Petromin Resources Ltd is a petroleum and natural gas exploration and production company in Canada. It is focused on its core operations, which include oil and gas producing properties in Alberta, Canada along the Western Canada Sedimentary Basin. The company owns an interest in Frog Lake area which consists of oil deposits, Gilby Property, Morningside Property, and Redwater North property."


TSXV:PTR.H - Post by User

Petromin Resources Ltd.
Bullboard Posts
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(1008)
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Post by COGTon Nov 19, 2004 10:59am
225 Views
Post# 8200437

Ballpark CF/Share

Ballpark CF/ShareUsing 40 million shares o/s and production of equivalent 400 bopd and $20 profit margin (-heavy oil- I believe being produced-which is approximately $10 cheaper than West Texas spot).CF is today at 8 cents/sh so prior to any upcoming results we're not close to trading 5-8 x CF. Rough #'s so any comments appreciated.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities