Currently we already have over 6 BARRELS of RECOVERABLE Oil per SHARE!!!
It will be interesting to see where the new report puts us in number of recoverable barrels of oil PER SHARE outstanding. With todays price, we are only showing 2 cents per RECOVERABLE BARREL value of oil per share! This is why I own a ton of this companies stock and buy more on any opportunity dip in price. A SIMPLE buyout value should be a minimum of 10 times today's price. NOW you all know why I'm in big and hope to get bigger. Simple opportunity asset value play that will require some patients on my part. FIND it, Do something about it, WAIT! Pretty simple strategy at this point of the PROVEN asset development.
YES-oil is oil when the price get to the right levels and the cost to extract is commercial. It is not going anywhere but UP IN VALUE over the next few years. Technology will get better along the way. This stock is worth a 5% position in any portfolio as they have the oil and we all know it. It is a matter a few conditions and time and we PROFIT BIG with the remarkable leverage presented under the current prices. Take Care and Good luck to you also.