what i'm saying is -after they first discovered oi
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Posted On: 06/16/2018 3:32:33 AM
what i'm saying is -after they first discovered oil and gas in the fluids,they priced warrants much higher than historically
warrants are usually exercisable -in my review of 1000's of stocks- at a substantial discount to the market price
so they expected market price to be substantially higher than 5 dollars
that bodes well for future warrant prices unless they discover its not a commercial well
the tall guy at the stockholder meeting said they hadnt determined the commerciality yet but he and others described a series of miracles by Him which enabled them to drill to depth
thus I think they believe it will be commercial or else those miracles would not have occurred-why would a series of clearly specified miracles lead to a dry hole
warrants are usually exercisable -in my review of 1000's of stocks- at a substantial discount to the market price
so they expected market price to be substantially higher than 5 dollars
that bodes well for future warrant prices unless they discover its not a commercial well
the tall guy at the stockholder meeting said they hadnt determined the commerciality yet but he and others described a series of miracles by Him which enabled them to drill to depth
thus I think they believe it will be commercial or else those miracles would not have occurred-why would a series of clearly specified miracles lead to a dry hole
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