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.
Gold/Mining/Energy : WML Westminster Resources
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Poseidonas who wrote (27)3/23/1999 10:20:00 PM
From: Poseidonas  Read Replies (1) of 135
 
Presentation reveals: 16 TRILLION CUBIC FEET OF GAS!!!!!!!!!
Geophysics/Geological firm confirmed estimate of 16TCF gas at the presentation.
This equates to total estimate reservoir value of:
($0.75/10^3) cf x (10^12 cf/TCF) x 16TCF
= $12 Billion Canadian Dollars

As an example added potential value to Westminster is:
WML share is = 10% of $12 billion cdn
= $1.2 billion over 21.75 million shares
= $55/share
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News