GREY:TBDYF - Post by User
Comment by
wagrillon Mar 28, 2008 12:48am
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Post# 14915400
RE: AM I MISSING SOMETHING?
RE: AM I MISSING SOMETHING?All the MBA and Manele bay were the same company as now but they changed from looking for gold to looking for O&G. Before that they tried a theatre company that did not work and before that in the early nineties they had internet chess. The internet chess was succesful for a while, from my understanding. Basically they have been transforming the shell company into different business.
It is my opinion that they have found something permanent. I have seen too many O&G companies that are trading at 10 to 20 x the price of this that have not yet found O&G. This company has found both and producing both. Yes it is small scale but I am willing to bet that growth will happen or a take out candidate. Also, I was listening to an analyst on BNN who mentioned gas should be trading at 1/6 th the price of oil. Currently it is 1/11th so something is out of whack?
Good luck