Post by
leakeybill on Dec 02, 2005 10:12am
Value
This stock is trading significantly below it true value, where do you find a stock with pembina exposure that is bringing on a gas plant that will be full in Feb, producing frac oil that sells for twice the price of condensate.
If they no production and worked in pembina and said they had 50 wells to drill they would be 100 million dollars. Now they tell us they will be producing north of 6000 boe, they have shot 3D seismic and are starting to look at the nisku, they can infill drill on all their gas well. The play has been totally developed by geology so far and now they have 3D seismic.
They set their budget at 70 million that same as when they only had 3000 boe of production, what give with that?
Get ready for the run on this stock, let me put it on the line here if it done not hit 12 dollars by May I am a monkeys uncle.