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NDOL : 300% revenue increase, calling *0.47
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[QUOTE]Originally posted by Purl Gurl: [QB] "I don't know what the $13B value is...is that due to the merger?" Gross value of claimed proven reserves and "probable" reserves in NDOL news today. Probable reserves should be severely discounted; rarely do probable reserves become proven reserves. However, proven versus probable is not the point. NDOL is now claiming a value more than ten times their previous 1.2 billion claim, which is more than ten times their documented value. Each news pumps NDOL value up and up and up.... ...and share price is moving down and down and down... Purl Gurl [/QB][/QUOTE]
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