1,798% gains in 3 years (Lundin Group, TYK, VPC, LUPE)
" When you’re investing in oil projects, you want to make sure you go with a proven winner … someone with an unparalleled track record of squeezing big profits out of virtually every oilfield he touches.
That describes Swedish billionaire Adolf Lundin to a tee.
In one of his recent projects, Tanganyika Oil, investors who got in early made an average annual gain of 599% for 3 years straight – a total return of 1,798%. "
About Valkyries Petroleum (VPC.V) in the same article
"The company's Caspian Field currently produces 600 barrels of oil per day. Recent estimates put the net present value (NPV) of the company’s oil and gas reserves at $94 million. And the current stock price reflects that valuation.
But the company is just getting started … and this is just the tip of the iceberg.
You see, you don’t get to be a billionaire by being a dummy - and Mr. Lundin is no dummy.
His geologists have determined that the permeability of the reservoir rocks has been vastly underestimated – a finding supported by the fact that values seen at nearby producing oil fields are on the order of ten times greater.
In fact, credible geological reports suggest that the field contains 91 million barrels of oil reserves, with 22 million recoverable.
Taking proven and probable reserves into consideration, however, almost DOUBLES the NPV to $180 million. "
caseyresearch.com
Toll and Cross have a target price of 15 CAD on doubled production, something that Keith Hill, CEO of VPC, have promised at year end. |
