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Gold/Mining/Energy : Oil Sands and Related Stocks

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To: was Michelangelo7 who wrote (11997)8/22/2006 10:21:58 PM
From: Taikun  Read Replies (1) of 25575
 
OT/My point is that this FO.V NR states 17.5TCF+796 million bbls oil
falconoilandgas.com

DPTR has a 100%WI 20% of 200TCF (independent consultant), or 40TCF.

40TCF is approx 6.5 billion bbls

FO.V's C$1.4bn mkt cap is an option on this drilling for approx 23TCF

DPTR's production is largely driving the current valuation of $1bn. The 40TCF is gravy, and is how Sprott derived $800/share NAV

On the size of the resource I dont see FO.V as being a larger opportunity.
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