A Christian Investment 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.

Microcap & Penny Stocks : A Christian Investment

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

From: NYBob1	8/24/2007 2:09:42 PM
	of 58

Article: BQI worth between $16 and $26 per share - energy.seekingalpha.com "What makes the situation that much more interesting is the fact that BQI management plans another resource update around the September-October timeframe. Especially notable is the fact that this update will contain the opinion of a 3rd party oilsands assessor, which will likely confirm management’s internal resource estimate and the commerciality of its acreage. That should open BQI’s management to the next step in its plan for the company; the establishing of a joint venture with a deep-pocketed, Big Oil partner who would provide the bulk of the financing for developing BQI's oilsands resource. A sale of part of a project would immediately make transparent the value of the bitumen on BQI’s property. For example, if a Big Oil company came and bid $5 billion for 60% of the company’s 7 billion of recoverable resource (equaling an estimated 10 billion barrels of resource x 70% recoverability), that would imply that the entire 7 billion barrels is worth $8.33 billion. On a fully-diluted per share basis (assuming 250 million fully-diluted shares), that would imply that each share of BQI is worth $33.33 (=$8.33 billion value / 250 million shares). I would think that an explicit valuation of the company would, at the least, cause the stock price to approach that valuation relatively rapidly as do most similar joint venture announcements. Of course, those are just hypothetical numbers. From the two most recent Seeking Alpha articles on BQI’s valuation, “Oilsands Quest Inc.: Undervalued Canadian Oilsands Play” and “Three More Compelling Reasons To Like Oilsands Quest”, it appears some investors believe the stock is worth between $18 and $26 per share. Using the mid-point of those two estimates, I arrive at a valuation of $22 per share, or about 424% higher than the current price of $4.20 per share." by peak_oil_2007 Just buy and hold LT to win - you have to be in it - to win it - Bob BQI Top 20 Institutional Shareholders Accumulating - Institutional Shareholders Summary - investing.businessweek.com Oilsands Quest BQI invest for the future - five-fold increase in activity planned for tar sands - video.google.com video.google.com BQI Black Gold - You got to be in to win ! BQI P&F Bullish sh. price objectivies $11.69/sh - Imo Tia. God Bless America img.travidia.com siliconinvestor.com siliconinvestor.com stockcharts.com[P][D][F1!3!1.0!!2!20]&pref=G

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next