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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area

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To: El Canadiense who wrote (24689)	11/6/2006 11:42:17 AM
From: Crossy	Read Replies (2) of 37387

re: HOC.TO - Heritage - C$24.50 Bingo ! Our first well flows 4000boepd and will be able to produce >5000boepd FROM THE SECONDARY RESERVOIR OBJECTIVE ALONE ! now we should keep in mind that Heritage owns interests in most of the blocks around Lake Albert. How much oil in place is there ? My guess is > 1 BILLION BARRELS now the script for us is VERY EASY to play: just sit tight and don't sell your shares for peanuts. we should be producing > 10.000boepd VERY soon, and then there's the fully funded Russian project, that marginal field from TNK/BP What's "IT" worth ? Hard to say. In any respect, a marketcap of $1-2billion on the discovery alone is warranted. Just hope that Buckingham at the driver's seat won't sell out prematurely. This might be even more than a 10-bagger from here ultimately. Up to 50-bagger might be possible if we are patient and Buckingham is also.. May we live in interesting times ! CROSSY

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