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When oil explorer hits the oil with potential of billions of...

  1. birmingham
    238 Posts.
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    05/10/11
    22:08
    Post #: 9053910
    When oil explorer hits the oil with potential of billions of barrels,its share price goes sky rocket from a penny to dollars regardless of its debt, financing etc....(100, 200 baggers we have seen)

    Why are you surprised to see 40$ valuation for potash explorer?

    Mentioning infrastructure etc is meaningless at this point. This is exploration. gl
    TRH Price at posting: 98.5¢ Sentiment: ST Buy Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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