SI
SI
discoversearch

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.
Pastimes : Hockey :: Stanley Cup Playoffs

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: siempre335/23/2009 1:50:41 PM
   of 284
 
here's what you're forgetting about rubiales- it really only got started in 2004- a bunch of guys who left the venezuela oil co disaffected with chavez- their next goal is over 100,000 bbls/day production- these guys don't mess around

**************************************

You like large with huge potential, I like small & highly leveraged....

I was going over both websites & noted that even with their rate of growth, PRE won't catch up with my little gnat of a co. for quite a few yrs., on a per share basis for production....

you've gata look at the numbers for both to see what I mean...you have a co. 50X bigger producing maybe 15X as much oil....as most oilers have done, CXPO cut back production with the drop in poo, but will scale up to at least 10,000 bls. as oil increases....additionally, consider the 6.44 million shares in the float....if you were to buy 644,000 shrs. you would own 1% of the co.; the same number of shrs. of PRE would give you approx. 1/50 of 1% ownership....that's what I mean by leverage....CXPO can ramp up [or down] very quickly....guess I like those two edged swords....LOL..
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext