GREY:CHTYF - Post by User
Post by
naga00on Aug 23, 2012 9:06pm
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Post# 20254661
strong report and worth much more than current lev
strong report and worth much more than current lev hitting on all cylinders- like the numbers- exit rate 3400 boepd- in my opinion this number is conservative and very bullish that the company puts out a floor for production. With only 48 million shares outstanding with a marketcap of only $55 million and cap x of $40 million and great production numbers not including a large number of wells waiting for completion and huge reserve potential as well as reserve realization.
Cheapest oil around -- Strong Buy for the long term-- I assume that the 6 brokerage firms will upgrade their reports with in days and we should firm firmly