Potential 50 bagger, drilling Feb 2017, page-6

So about 13 times current SP. Not a bad return but I still maintain we will do alot more than that if they hit oil. For research types, google Schuepbach Energy (the front entity that we own 51% of). They have a compelling case for Uruguay being a new oil province. Am hoping to find out who is underwriting their side of the drill program, I wouldn't be surprised if it was one of the multinational oil companies. GLTA. (Oil shares will fire tomorrow following the OPEC deal). See Bloomberg.