BQI market cap is 682million with oil reservation of 10 billion barrel. Therefore, the oil of BQi is on sale at $0.068/barrel when oil is trading at $80/barrel. At today's closing price, SOIGF.ob's oil is on sale at $0.025/barrel. BQI and SOIGF is similar companies, therefore, the price of SOIGF should grow 2.7 times to sell its oil reservation at the same price as BQI. 世界论坛网 http://www.wforum.com/gbindex.html
SU is another oil sand company. The difference is that SU has started to produce oil, so that its Market cap/oil reservation increases to $9.8/barrel. If SOIGF start to produce oil ten year's late, its Market cap/oil reservation may also increase to $9.8/barrel. At that time, its stock price should be 392 time's higher than its current price. Is my calculation correct? 世界论坛网 http://www.wforum.com/gbindex.html
I do not play curve. My investment is only depended on basic math. I know that all Chinese is good at mathematics. However, have you used it on your investment or you just do not want to look at the basic data? 世界论坛网 http://www.wforum.com/gbindex.html
Comp------Sh #----Price--Market Cap--Reservation---Market Cap/oil res.
---------Million---$----Million$----Billion Barrel-----$/barrel
BQI------158.58---4.3-----681.89------10.000------------0.068189
SOIGF.OB-28.288---1.98----56.009------2.2500------------0.024893
SU-------460.22---94.1----43307-------4.4300------------9.7758
于10－04－07
