The Oil & Gas Elephant Hunt Message Board

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Gold/Mining/Energy : The Oil & Gas Elephant Hunt

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To: Bread Upon The Water who wrote (117)	11/22/2006 8:24:13 PM
From: Brinks	Read Replies (1) of 310

Bill Lower earnings forcast? I don't know anyone who bought this stock for current earnings. Do you think Eric Sprott did? We only need 1 of 3 projects to be successful for this to be a great stock. Each TCF in CRB is worth $ 1 to $2 billion of market cap. Reportedly there are an estimated 228 TCF and Delta has 20% of the play. That's over 40 TCF. Let's see Delta has a $ 1.4 billion market cap. The Delta CEO has already confirmed the play so don't hold your breath. It was his drilling crew that drilled the Anderville 11-6. He knows !! The Paradox had a gas blowout and we are waiting results. It could be at least 1 TCF. Central Utah there are 21 prospects. Even if the Joseph is a bust there are 20 more prospects. Joseph is 300 to 500 million barrel prospect. I bought more today just the opposite of what you suggest. Let's see where it is in six months. Show me a company with better prospects.

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