Post by Ethan / JRyan on Sept 17, 2022 8:06:27 GMT -5
Well the volume has been slow but that is expected. A slow price move up with absolutely no news, just the same noise that has been around a long time. It must suck getting paid to post and bash stocks. What a miserable existence that must be. Take note of the 'hate' in the posts, of the company and its investors. It is not all about money.
Anyhow, up a few cents over a few days and then a hammer drop, 22% is pretty bad. It will shake some.
Not me, I haven't purchased any in a while but as I said, I have a little powder left for 14-15 cents. It is actually up still from my last big purchase.
It is almost all manipulation I think now. That would be MM's I think. The noise is pretty much ignored except for the newest investors.
I have noticed the 'speculation' about size of find pop up again. I was given a book to look through on oil testing and some of the things behind it. Schlumberger's manual so to speak.
As for the find (if one), it will not be gargantuan , the largest possible they could even think of saying is possible is near a billion barrels. This would only be a guess without more wells. Sure, it could happen, but very unlikely.
As we get closure to the end of the 3Q, I will stick with my estimate of ~100 million barrels (+/- 50%) if it is a commercial find. There is oil there, but is it recoverable with conventional technology? I am thinking Bakken, Eagle Ford, and yes Permian. However, if commercial and conventional, then I will stick to my best guess above.
So $5 a share on the high end, $2-3 most likely as the information breaks.
I thought I would update my sheet just in case......
EDIT: I am so disgusted with iHub. I just can not post without deletion. Sad really but hey it is there site and they were sued for a reason.
Anyhow, up a few cents over a few days and then a hammer drop, 22% is pretty bad. It will shake some.
Not me, I haven't purchased any in a while but as I said, I have a little powder left for 14-15 cents. It is actually up still from my last big purchase.
It is almost all manipulation I think now. That would be MM's I think. The noise is pretty much ignored except for the newest investors.
I have noticed the 'speculation' about size of find pop up again. I was given a book to look through on oil testing and some of the things behind it. Schlumberger's manual so to speak.
As for the find (if one), it will not be gargantuan , the largest possible they could even think of saying is possible is near a billion barrels. This would only be a guess without more wells. Sure, it could happen, but very unlikely.
As we get closure to the end of the 3Q, I will stick with my estimate of ~100 million barrels (+/- 50%) if it is a commercial find. There is oil there, but is it recoverable with conventional technology? I am thinking Bakken, Eagle Ford, and yes Permian. However, if commercial and conventional, then I will stick to my best guess above.
So $5 a share on the high end, $2-3 most likely as the information breaks.
I thought I would update my sheet just in case......
EDIT: I am so disgusted with iHub. I just can not post without deletion. Sad really but hey it is there site and they were sued for a reason.