New presentation posted in March
Retail crowd not much interested in TOO.I see it trading at $1 by July. Now producing 600 boe of mostly light oil. A competitor next door gets taking out at a price of $110,000 per flowing barrel.They have $12 million in cash and a total of $37 million in buying power to make a significant acquisition and it has a market cap of $22 million if you substract cash position.
Great opportunity to load up well below what insiders paid. These discounts do not come along very often.
I have an overweight position. Along with Striker,Marquee,HME,TUS,RMP, and still buying MEI.
YGR,ZAR,RE in with half positions.