Vast Exploration (v.VST) has Vast Potential. Consider these facts:

1. Their partner Niko Resources in the Qara Dagh block in Kurdistan, estimates the block could hold up to 700 million barrels of recoverable oil.
2. From Niko's website, their financial capability at Dec.31/11 was $86 million cash, no debt, $250 million credit facility available, F2013 exploration capital $160 million.
3. Location, location, location. Not far from the Super Giant Kirkuk oil field.
4. www.vastexploration.com/pdf/kurd_license_map.pdf
5. Block is surrounded by $13 billion cap Talisman, who recently had a great result in the area with WZR. Talisman could partner in at some point or buy out Niko's share in Qara Dagh block. Either way would be a win, win for this stock IMO.
6. VST currently has a tiny cap of just $10 mil.