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Strategies & Market Trends : Bosco & Crossy's stock picks,talk area -- Ignore unavailable to you. Want to Upgrade?

To: Crossy who wrote (10256)6/20/2005 4:17:13 AM
From: Crossy  Read Replies (1) | Respond to of 37387
 
re: PAR.OL - PA Resources (84 NOK - indication)

Ok, what's it worth now ? Good question..
I'm upping my minimum target towards 150 NOK now but that is awfully low and conservative..

Upside headroom up to twice that (300NOK) might be achievable given their current structure, properties and deals in the pipeline..

It should be noted that P2 reserves alone are around 110 MMBOE at the moment... good part of them are offshore - offshore reserves have a tendency to easier move from P3 to P2 than onshore reserves..

what a great investment so far..
CROSSY



To: Crossy who wrote (10256)6/20/2005 7:50:10 AM
From: Patentlawmeister  Read Replies (1) | Respond to of 37387
 
That's an incredible run, Crossy - congrats! But, as for
"stay tuned, you ain't seen nothing yet .. !", the stock price has now run from around $15 to $89 in 6 months, i.e., a 6 bagger - i'd say that's certainly "something".


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