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Delphi Energy Corp. DPGYF

Delphi Energy Corp is a mining company. It is engaged in the acquisition for an exploration, development, and production of crude oil, natural gas and natural gas liquids in Western Canada. The company's core area is uniquely positioned in the Deep Basin of Bigstone in northwest Alberta.


GREY:DPGYF - Post by User

Bullboard Posts
Post by rythmanon Feb 22, 2007 4:10pm
495 Views
Post# 12291369

on a flow throught the investor

on a flow throught the investorgets their marginal rate deduction (in BC as high as 43%) on the investment. So take that away from the price on announcement $2.45 x .43% and you get a pre-flow through price of $1.31. If the price gets down to this it's a buy. I figure it is a buy now based on current income of .18 per quarter and increased flow and lower price $7.50 per mcf. Thats .72 gross income per year on a share thats $1.68. Thats a steal, but we are going to have to wait until the market turns pro gas for stock to really move. Lots of potential here. IMHO rythman
Bullboard Posts