reports, page-5

Been away for a week, but great to finally see some action.

If the Toronto listing happens it could be great. Not necessarily for a takeover, but simply having a market that knows how to value this type of oil play will be great news. Apart from the $3.28 from Euroz the valuations I've seen still factor in too much risk. Speculative buy at 0.65c for example: If you've done your homework I think you should be able to stick your head out a little further than that.

One thing I really liked with the Euroz report is to highlight just how little flow we need for the well to be economic. I think there is still a perception that Bakken oil is very expensive, and that the whole play is dependent on oil prices staying very high.
Should be another great week!