Always wanted to earn a lot of money with a single investment? Read on!
Join our new Discord channel SteemitStocks
Okay, now I have your attention! Because my account has reached over one hundred followers and because my latest posts are being upvoted well, I'd like to share one of my best stock picks. This stock is still unknown to the majority of investors (because it’s a micro-cap stock) and has a lot of potential to grow. To good too be true? Read below why you need to buy it now and do your own research after reading. Your own research is important so you know where you are investing in and to know if I write the truth.
Let me know if you agree with my stockpick and let other people know I don't write garbage. And I have an even better offer. If this post earns more than $ 47, I will give one more of my favorite stock picks. I'm investing for a year now in the commodity discovery and I have some valuable stock picks I want to share.
The stock
In Oklahoma there is a oilcompany with a marketcap of 40 million. That is usually not special but this company has an oilfield of 100 million barrels in its possession. Even with the low oil price, this is worth 5 billion dollar. This is a great investing opportunity and below I will explain my choice
In 2014, this company purchased an interest in an area where previously 800 million barrels of oil have been drilled. When no one wanted to buy the ground, this company did just for a low price. The company invested in advanced 3D seismic technology, which enables potential oilfields to be better mapped. This proved to be the best asset of the company because they found an oil ‘gold’ mine.
Discoveries
With the 3D techniques, an oil field was found where about 2.5 million barrels of oil could be pumped up. This means that it is worth about $ 120 million dollar. And to make it even netter, this is one of the small fields that the company owns. 30 days later, this company found another oil field. This time it was good for 100 million barrels of oil. With the current low price this gives a value of just under $ 5 billion.
Future
The company has released that it can produce oil at a price below $ 30 and even at $ 10. Even with the current or lower oil price this company is profitable enough. And the oil price will rise in the coming years, according to the price forecast of the World Bank below.
World bank oil price forecast
This company has also other oil fields in its possession. The coming months will the company drill a lot of exploration wells. The test results of these wells will boost the share price (if positive ofcourse). I believe that this is a very undervalued stock and not picked up by the mass, but not for long. When the 3D techniques are confirmed with the results of the exploration wells the price will go up. The 2017 drill program of the company is fully capitalized with no dept.
Whiche one is it?
The company i'm talking about is named Petro River Oil (PTRC) and is an micro-cap stock. That's why most investors have not picked up the stock yet, because they simple look over the share. The share is not even backed by ONE analyst. With al the positive points the risk / reward ratio of this share has much potential. Upvote and resteem this post if you like it. When my post earns more than $ 47 (Oil price when writing), I'll post another commodity discovery stock with even more potential value!
Disclaimer
I invested in this stock myself and I think the value will increase in the near future. I bought the share at $ 2.18 and the current value is already $ 2.51. But this is not a guarantee! I do not oblige anyone buying this share because you have to do your own research. Although I am not an big fan of fossil fuel, oil is still an imported commodity for the coming years (especially oil that is cheap to win). That makes this oil stock also a good long-term investment.
Follow me or join our new Discord channel SteemitStocks for more posts about investing and cryptocurrencies.
P.S. don't forget to resteem and upvote it to $ 47 to get a new stock pick next week!
Let’s keep this BOOMING!
UnknowCrypto
