Petro One Energy Corp CUDBF

45 X 75 = 3,375bopd

[gksrcn61]

Hi Friends, Investors & Future Shareholders,

 
Having been in the markets for several decades we are clearly being signaled by the relentless Institutional buying volume that goes all day then “Power Hour Closes” each day (the last hour) large institutions want this stock and are willing to pay a lot higher levels than where were trading now.


The reason  is simple (POP is going way higher) once the financing is announced closed on Sept 2^nd  and drilling commences on proven oil in the ground P1 Reserves this stock is $3 in the near term. Day traders play all you want, sellers sell all you want, but this deal is going one way only and that’s higher.

 
We have $100,000,000 cash coming into the company, and the current assets are worth al-least $40,000,000. Take a look at the MCAP today and ask yourself *not somebody else if it’s a buy or sell* numbers don’t lie.


Now let’s look at the property named J5, Novus was bought-out for $358Mill CDN by the Chinese right next door to J5 and their Viking Oil Pay Zone was only 6 meters thick. POP’s is 10Meters thick.


If we have 100,000,000 cash, $40,000,000 in assets and better land on just one of 16 properties in Petro One`s property portfolio tied onto the new Chinese company that paid a $358Mill CDN entry fee into this game it’s obvious we are way undervalued on POP at .50
 
Please read the 51-101 compliant news from McDaniel’s Engineering (the world’s best oil technical house) on Petro One’s J5 Assets below.
 
We are very pleased to receive this evaluation of recoverable prospective resources in addition to the reserves on our Milton property”, said Petro One President Peter Bryant.  “Recent horizontal drilling in the newly discovered Marengo field 3.2 kilometres south of Petro One's J5 property has a 100% success rate, with three month initial production ranging up to 75.5 bopd, and averaging 56 bopd, and licenses for 13 new horizontal wells have recently been issued. McDaniel has identified 45 horizontal drill locations in 10 metre-thick Viking sand with strong oil show confirmed in core, and this bodes well for future production. Petro One's Milton property covers more than 2500 acres, and we look forward to developing this asset with the drill bit.”

 
45 wells at 75bopd = 3,375bopd on just 1 of 16 properties.


50 cents is the steal you’ll always remember when we’re trading $5 in 18 months.


Thank You Korea !!!


Always do your due-diligence.

[Jsbachfan]

Can you identify the "large institutions" you are referring to? It would be highly unusual for them to be investing in Venture penny stock.

[longshortman]

ROFLMAO Jsbachfan It's highly unusual for a foreign government, one the world's leading economies to invest in a TSX-Venture stock too.  This is the largest deal ever seen on the venture or even the preceeding VSE! Eric Sprott and Rick Rule were running around all exicted telling everyone how they rooked $400M from the Koreans last year.  They needed that to stay alive

[Jsbachfan]

So my question, smartaxx, was WHICH institutions have definitely invested in POP as the poster was implying that he possessed such information. I am well aware that Sprott et al dip into the riskier end of the market from time to time, but usually when they are dangled carrots in pp"s etc. so they are buying at a discount. So the answer to my question is you don't know, or are you just

[longshortman]

First off we need to get some things straight:   No one can tell what institutions are buying a stock.  But the trades so far telegraph serious institutional involvement.  That’s not hard to read.   Sprott et al don’t “dip” their toes in riskier issues.  This is what they do, heavily, for years.  This is their core business.  All you need to do is go to any

[2fast4you]

Yes JSbachfan, longshortman pretty much nailed it IMHO... Further it is not what you ask but the tone of inference and manner in which you ask (aka dart throw). This along with your post history and  self proclaimed past as a trial lawyer (maybe when you profess to be this one should ask what cases?) puts the readership here on defence... Perhaps is you truly are a trial lawyer by trade as

[Jsbachfan]

". Perhaps is you truly are a trial lawyer by trade as you say, then maybe lose bottom of the heap over the glasses mentality/tone..." Something seems to have gone awry with your ability to write coherently, judging from the above.Nonetheless the gist of it appears to question the veracity of what I have said was my FORMER profession. I am surprised given my obvious bent towards

[2fast4you]

My deepest apologies for the typos JSbachfan ... Thanks for noticing and taking the time to bring them to light... So here let me make that right for you as it should have precisely read as follows; " Perhaps if you truly are a trial lawyer by trade as you say, then maybe lose the "bottom of the heap-over the glasses" mentality/tone..." And not " Perhaps is you

[Jsbachfan]

Oh dear, kind of missed the point didn't you 2fast. Have a good life, if you choose to do so.

[investderp]

Isn't the $14M from phase 1 (not the additional $4M) to drill up to 11 wells pretty much spoken for with the drilling costs?