| Strong Buy Signal: Endeavor Power (EDVP) | 2nd week - July 2009 |
Projection: Buy EDVP up to $2 before price
goes over $10 after Initial Growth Phase
Endeavor Power is currently expanding its producing well portfolio by 40% per month. I project that the company will have over 150 producing wells by the end of current initial phase.
Endeavor Power’s current estimated resource is 1 million barrels of oil = $70+ million in value. I project that this resource estimate will increase by $30 million per every 10 wells completed.
Endeavor currently trades below $2 and could attain up to $450,000,000 in resource value. I project that early shareholders will be protecting EDVP profits above $10 and holding the rest at much higher prices.
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