OTCPK:TLSMF - Post by User
Post by
dbeaudeon Oct 18, 2011 9:12pm
838 Views
Post# 19161480
NAV is $30
NAV is $30so they are trading at 45% of NAV. Randy Olenberger has a $26 target price on the stock. He believes their production growth will come from their Columbian assets. His estimate 50,000 BBls but indicates that with the huge asset base they now have there, they could easily exceed this. The market is missing the opportunity with TLM and is trading way under its peer average on all metrics.