Post by
driller56 on Feb 21, 2011 8:42pm
Maysteeler
5000 barrels /day under a dollar, have a look at Mart!!!!!!!!!
Comment by
maysteeler23 on Feb 21, 2011 10:04pm
I've owned Mart 5 years ago. They have small fields that were already producing and don't have the potential 6.5 billion LFD has, plus they have almost 6x the shares according to Stockhouse, LFD has 5000/day discovered in 1936. Could be as high as 20000/day. MMT is almost $.70 with many more shares and less oil potential, shows how deeply undervalued LFD is.
Comment by
maysteeler23 on Feb 21, 2011 11:07pm
according to stockhouse LFD has a market cap of 60 mill and MMT has a market cap of 220 mill. If you do an apples to apples comparison. You get LFD should be at $1.60 with 5000/ day. That doesn't include the almost 7 billion in potential reserves LFD has