Pulse Oil Corp V.PUL

What PUL could be worth Math

[CriticalMind55]

If 10,000,000 BBLs represents 30% of the reserve pool, then the remaining reserves are 10,000,000/30%= 33,333,333 BBLs.

Canadian current cruse price ranges from 450 - 600 CDN, let's use $500/m3 so

33,333,333/6.29= 5,299,417 M3 X $500 = $2,649,708,532

Fully diluted shares 151,595,357 + 240,000,000 = 391,592,657

$2,649,708,532/391,592,657 = $6.8 per share potentail book value

of course there will be operating and admin expenses let's say 60%
6.8 X 40% = $2.72/share net share price.

I think this is what they mean when they say "significant" shareholder value.

I will hold on and maybe even buy more and wait to see them succeed with this EOR project.

Long PUL!

[AHybridofStreetandStocksmarts]

Your numbers make sense CM, I guess you are including capital expenditure, lifting costs etc. as well in your 60% expense calculations,  I am glad I doubled my holdings today, this gives me reassurance! May buy more,  2.72/.055 that is 5000% upside from here, I could retire very happy LOL

[easydough]

Yes!! great attitude, good luck to you and the rest of us, not abandoning shift, like the Monday  morning quarterbacks, they are.

[stockman2021]

This post has been removed in accordance with Community Policy

[Goldy63]

Looks good CM .That value is there in the long run . Sure hope manegment is done bringing in money to execute a meaninful sp appreciation while diluting the float but yes Insiders are taking almost  HALF the PP. Huge SKIN and money so HUGE Confidense in the future of Pulse. Magic word Currently . Yah weak shands and suckers got shaken out . Read on from Todays NR . Significant . 

[AlllllllIlMates]

This post has been removed in accordance with Community Policy

[CriticalMind55]

Please show me the mathematical mistakes that I have made, then we will talk.  until then you are the same mental case as you always have been to come on boards that you claim not to own the stocks.