Actually with the presentations they have done and calculations...

Actually with the presentations they have done and calculations of "value add" to share price they have been ultra conservative...

1. they have used a gas price of $2.50 per mcf... the current market price is more like $7 per mcf.

2. they have used risk/ success ratios of 35 and 50 % success on drilling to project forward... the fact is the team of guys on the ground in Lousiana, Jay S & Craig C have had success over many years in this region with more like 75 %....so the figs can easily be bumped up.

3. The current research reports dont factor anything for two new large high impact drilling projects which are being fianlised.... 90 % complete...these potentially will add 2 TCF gas ( with Prymes working interest at 25 %...so call if 500 bcf...thats at least another $10 value add to the share price !!!

watch this one unfold with great excitement in coming months....and its very tightly held so will be hard to buy stoick when it begins to run...!

cheers