GREY:BEEHF - Post by User
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Anatolia_Runon Feb 01, 2013 5:56pm
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Post# 20927205
RE: RE: RE: Lmao,Mr Spec. Makes his money and pump
RE: RE: RE: Lmao,Mr Spec. Makes his money and pump Godfather, I would just like to correct you on a few points. After the run up to 6 a few weeks ago AEE never went back to 3.5 cents. It very briefly touched 4 cents and then quickly held a base at 5 cents. I know because I tried to get more at 4.5 but no more sellers so I settled on picking up more at 5 cents.
In reference to other companies stock prices and subsequent Market Cap's as they were drilling let's take PEC as an example. Their stock price was settled in around 20 cents as TD was approaching on a gas well. That gave them a MC of $40 million before TD. AOI had a MC of $400 million before TD on their first hit at Ngamia. So yes I do think that the current MC of $10 million for AEE is very very cheap, especially considering we know that there is oil in them there hills :)