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) when I first recommended it, I’m sure you’ve been watching its remarkable rise with great interest.
If you didn’t, don’t worry. It’s not too late. Drill #2 is just about to start.
The press release went out Thursday, and the stock forums began lighting up as investors evaluated the results.
Retail investors may be waking up to the opportunity and word may soon start to spread.
Spencer Hohan, a petroleum engineer, commented on Yahoo:
“As a Petroleum Engineer of 40 years now, having spent a career with major oil companies, and smaller independents, it s hard to emphasize how rare it is for something like this to be a ‘hit’ on the first penetration well drilled based primarily on a geomagnetic survey. This is astounding. If the second well shows anywhere near similar geophysical properties, and further confirms the basin structure, this could easily be worth more than a hundred times its current price. Sorry, shorts. You d best cover today, or you are bankrupt.
), which I think is far more than a simple helium play. It’s got an experienced management team who have already helped discover natural gas in the Montney… producing almost 300,000 boe/d over the past decade and a half as one of the largest discoveries in North America.
Now, I think it’s right on target in an exciting new play, where it’s just acquired the license for 6,000 acres from the Government of Alberta.
You may want to be a part of what some think is the next commodity supercycle
This isn’t about balloons.
I fully expect that the helium sector may have even more upside than the first cannabis boom and even the second one that’s looming.
)
You won’t find this setup often - or possibly ever: A small-cap explorer sitting on a massive Permian basin that has potential for a major onshore conventional oil discovery.
And the drill bit just hit the ground in a three-well campaign…
Because it’s a small-cap sitting on such a huge basin (8.5 million acres), its stocks are already soaring in anticipation of the first results, which are soon to be released.
Drilling started just over a week ago, and already the stock is supercharged, gaining over 100% since January 1st.
Onshore, there is almost no oil or gas regions left unexplored on land, except in Africa, which remains underexplored.