Delphi Energy Corp. DPGYF

Definitely more to come

[Tokato]

Nice to see the stock move to $1.88 from the $1.40 level. But stock still so undervalued. I think it should be around $2.50 right now. We are talking about company with annual CFPS of $0.75. As importantly, the asset swap has vastly improved its medium prospects. The Bigfoot assets were very valuable long-term, but has minimial positive impact in today's environment. The swap gave Delphi some $10 mm and drilling prospects that can be incrementally exploited now. and it made them operator. This is no "puny" junior - its friggin 6,000 BOEs/d, but the market treats it as a "puny". Look at BIR - the thing trades at over $60,000 BOEs/d, eyt it has plenty of medium RLI wells like DEE. With continued success, I see DEE moving to over $3.00 in a year.