Spinefx, my valuation remains unchanged and read my post again. I did say that these estimates are very conservative. These $2-3 per barrel valuation are very conservative estimate, to avoid any rampy numbers. I still believe for $5-10 per barrel ground value of oil in the region, but to make things balance & not being rampy, I would mention $2-3 per barrel.
RMP Price at posting:
5.3¢ Sentiment: Buy Disclosure: Held