OTCPK:ATGYF - Post by User
Comment by
SurfForWealthon Jun 22, 2007 9:35am
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Post# 12983334
RE: iceberg at 6.50
RE: iceberg at 6.50Hi oilsyd,
We are here on these boards to help one another achieve good investment success. I am not detracting from AEN as I really like it and have given it an overweight position in our portfolios. My weighting in IAE is even bigger for the following reasons.
I do not see IAE as any more risky than AEN. Both have very moderate risk levels with big upside potential. Both have about $70M in working capital & no debt. Both have good management teams (check out the bio's for those at IAE). Both have big time light sweet crude production well on the way. AEN is closer to prodcution than IAE & may have bigger boepd numbers. Both have a broad sweet of exploration & development prospects. IAE has an EV of only 25% that of AEN. I perceive somewhat better value in IAE but I know nothing. The margin thing is not important to me. Happy trading to you. Cheers!!!