Primeline Energy Holdings Inc V.PEH

Another Sinoforest or the real deal?

[cupricity]

My Money is on the real deal.  Increasingly it looks to me like we are at the point of take off with higher volume and some very frustrated share holders getting out despite all the good news.  Remember it is not the Asian way to brag about 14.50 USD gas, but we have a lot of cash coming in right now and a couple of good exploration experiences and we can easily sit down and figure out a 10 dollar price target for this little gem.  Even now we should be 5 times EBITDA which is 2.50 a share.  We sit at 1 times EBIBTA with our only real cost other than exploring a wonderful gas field with infrastructure and high price contracts.  No one believes it but I think the best way prove them wrong is to simply buy back the shares from an undeserving market place.   
   Through all of my DD I can not find a single flaw in this company other than the share price!  Good luck to all.  The debt can be retired in 7 years very easily and drilling can be quickly tied in to exisiting infrastructure. Should be at least 2 dollars right now.