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Gold/Mining/Energy : Big Dog's Boom Boom Room

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From: Jerrymac4/2/2008 9:04:00 AM
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PRC..disapointing PV10 value for 2P reserves..?

Subject: Three to watch next week // Energy
Prospectus Group

Date: Fri, 28 Mar 2008 14:24 EST
To: energyprospectusinc@yahoogroups.com

Petro Resources (PRC) should be releasing 4th quarter results and their reserve report on Monday. Q4 results will be a small loss but
it is the reserve report that should move the stock. I'm expecting PV10 value of their 2P reserves to top $200 million (over $5/fully
diluted share).

Company said yesterday...

"The present value of the proved reserves discounted at 10% is in excess of $54 million."
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