Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

Bullboard - Stock Discussion Forum Diaz Resources Ltd V.DZR

TSXV:DZR - Post Discussion

Diaz Resources Ltd > what am i missing?
View:
Post by blazer3 on Sep 18, 2012 10:25am

what am i missing?

they have over 450 b production 91% oil plus Gas im no expert but

what am i missing here 3 sites have given a sell??????

                   clue me in please!

Comment by quartus on Sep 18, 2012 11:37am
Well, lets say going rate for heavy oil is around $30,000/flowing boe. But let's bump that up to  $35,000 because its Bobby Lamond(haha).  That gives a value for the company of around $16,000,000. Total debt including neg. working capital is approx $20,000,000 if I am not mistaken.   There you have it,
Comment by blazer3 on Sep 18, 2012 12:13pm
Thanks much appreciated!