Post by
12groundpounder on Jun 15, 2021 9:31pm
10 times profit Average stock 5x Overweight position
It's ridiculous profits at $1100 per barrel oil equivalent. The reserves are gone in the United States this September 10. When you buy shares you're only paying the price like they're getting $80 a barrel. Plus we have 11 times The profit of other helium companies that produce and or exploration companies. They should be trading at a huge premium but it's not. That means you and me are going to make the money get ready for 300 to 500% ride because you're only paying like this is an oil company getting $70-$80 a barrel. If people can't figure it out it's OK. But when it goes up 10 times the price don't complain to me.Most people might put 10,000 bucks in this I believe in backing up the truck. People will regret not putting 90% of the portfolio in this have a good day.
Comment by
Fredo51545 on Jun 16, 2021 10:48am
I am 6x overweight. Still accumulating. Initial production may be only 2-3 wells but it does not matter. Would still generate $.90 of EPS at a $1.50/cf assumed selling price and 30 million cf/year of He per well. Other wells will follow, hopefully in a timely manner.