Post by
CLOUDER on Mar 08, 2022 9:22am
1.300,000,000 BARRELS OF OIL PROVEN AND PROBABLE
O.M.G. ATH has 1,3 billion barrels of oil in the ground. I was in a stock drilling for OFF SHORE oil and 2 miles down under the ocean it they hit oil they would be assest at $6 ish U.S. for every barrel they fined. ATH has 1.3 billion barrels all ready, well using this metric, carry the one....... ATH 6% of oil in the ground is about 75,000,000 barrels at current price of $125, U.S. is approximantly $600,000,000 now ATH 530,000,000 shares divided in to 600,000,000 isn`t this about $11 a share just for what ATH has in the ground at $6 a barrel? i think ATH is WAAAAAY undervalued. man.
Comment by
Maxmoe on Mar 08, 2022 9:29am
You forgot to carry the one and I have no idea what the 6% is about vs $6. But love the enthusiasm!
Comment by
CLOUDER on Mar 08, 2022 9:31am
O.M.G. I THINK I MIST A ZERO, man i am just waking, so ahhhhh, my calculator doesn`t go this high.what is 750 million barrels of oil times $125 a barrel?
Comment by
CLOUDER on Mar 08, 2022 10:00am
OK, $6 per barrel for oil in ground,1.3 billion barrels, is about $75 billion divide this in to 530 million shares and you get about $13 a share just for what is sitting in the ground in alberta. ATH is now trading at $2.50, a bargain i think. oil now at $127 wti.
Comment by
CLOUDER on Mar 08, 2022 10:34am
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.
Comment by
ComradeKomissar on Mar 08, 2022 10:40am
New podcast just dropped: LOUDER WITH CLOUDER! :)
Comment by
CLOUDER on Mar 08, 2022 10:41am
OMG, poeple ATH should be well over $10 now.
Comment by
ComradeKomissar on Mar 08, 2022 10:42am
Dude that's not how it works.
Comment by
Maxmoe on Mar 08, 2022 11:00am
Stop, 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.
Comment by
CLOUDER on Mar 08, 2022 11:13am
well max it takes a lot of time to get the oil out of the ground for the stocks that are valued at $6 oil in the ground, or 3 miles down under the water.