Reserves associated with any oil or gas discovery are distributed on a log normal curve. In other words, smaller amounts of reserves are much more probable than larger reserve numbers. The probability of 4 TCF contingent reserves is... well, improbable. And 50c/share would be a 25 bagger from Friday's close. I'm optimistic but also realistic. I could see a quick double in PPS in the short run with a favorable announcement. Who knows? It could get much better from there. I'm looking forward to an announcement... whenever it comes.
General Discussion, page-188
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Mkt cap ! $20.73M | |||
| Open | High | Low | Value | Volume |
| 0.3¢ | 0.3¢ | 0.3¢ | $2.35K | 783.4K |
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| No. | Vol. | Price($) |
|---|---|---|
| 29 | 73117583 | 0.3¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 0.4¢ | 74422451 | 36 |
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| Last trade - 15.58pm 05/06/2024 (20 minute delay) ? |
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| Open | High | Low | Volume | ||
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| Last updated 14.34pm 05/06/2024 ? | |||||
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