I had this stock targeted for a valuation close to
Post# of 39368
I had this stock targeted for a valuation close to .75 cents. back in 2011 or 2012. it Our guesses at BPD are stabs in the dark but assuming TNC and US Fuels continues to execute but also reassessing the stock based on the increase in share count in that time. Also factoring in I think we will have more weak hands for profit taking based on previous events along with increasing cost due to outsourcing our drillers. With just slow steady increases in BPD nothing parabolic I can still easily see 50 cents a share as reasonable as we go black literally and figuratively by years end. 80 bpd is the break even point It will only take one good well to do it !!! or 2 so so ones. If we hit commercial oil allbets are off (PUN Intended) around 1000 bpd Ive heard is where the big money starts taking interest. We'll see they appear to have the means and motivation of a BULL for lots of reasons