As I said, CTP has an undiluted market cap of about $50M vs about $10M for UOG. The fact CTP went down 10% and that is your justification, just shows you have no idea about market caps.
Did you also miss this part?
Total projected conventional hydrocarbon resource potential of 80.2 – 100.6 million barrels of recoverable oil, or 541 billion cubic feet of gas.
Its not just about oil shale (but that could be huge).
Again, it is a spec.... and a very cheap one.
UOG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held