OTCPK:AETLF - Post by User
Comment by
riverrowon Dec 12, 2006 6:54am
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Post# 11849697
RE: cheap
RE: cheapDon't believe everything you read. Or else my math is wrong, but I calculate AEI to be trading at $40,000 per flowing barrel which is on par with most of my juniors. The market knows. The market is also not putting any premium on the share price for production behind pipe for any company. TTR has 2,000 boepd behind pipe and their share price continues to fall until it reaches the $40,000 per flowing barrel.