Canadian Oil & Gas Companies Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Canadian Oil & Gas Companies

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Claude Cormier who wrote (6944)	11/19/1999 9:06:00 AM
From: Craig C	Read Replies (1) of 24921

Claude Why don't you look at a long term horizon (>3 yrs). Take your money and just aquire a oil/gas company as many are on sale today.Your investment may take less than 3 yrs to return your capital. One company who once again was a analyst favorite is looking for a lifeline. Production is 8,000 BOED and it comes with lots of land. Lets not talk about reserves in place because oil comp's have lost a lot of credibility in this department. But for around 140 million you can purchase this comp for around $17,500 a flowing barrel. After you pay your expenses ect say you net back $10 can on every barrel your payout is 4.6 yrs. If you net back $15 you pay out in 3.2 yrs.. Once you buy this company take the company public announce you will sell your oil via the internet call your company oil.net and your pay back on your investment will be less a day. good luck....conclusion lots of cheap stocks out there but does the market care ?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next