AAPH 2010: Do we have a multi-bagger here?
posted on
Dec 17, 2009 10:48AM
Edit this title from the Fast Facts Section
AAPH 2010: Do we have a multi-bagger here?
Put this on your watch list, here's why
This is my view on where the stock could be going
Consider their Rooney Project (they have 5 projects, 3 in Kansas, 1 in Texas and 1 in California)
1. Oil is expected to flow as of January 1, 2010 from their successful 200 barrels of oil (BOE) well on the Rooney Project
2. Based on this single well the estimated reservoir size: 500,000 barrels of 44 degree oil - a top-dollar resource
3. AAPH are planning to and will be drilling several (possibly 10) step-out holes on their successful Rooney Project
4. If the 2nd hole hits I believe we can expect their projected earnings will go up 5 fold!
5. Now take a look at the price and shares outstanding. Do the share-value-math for his immanent multi-bagger - this stock should be a candidate for your portfolio in early January. - IMHO.