RE:RE:RE:jecI'm still hanging around here with about half the shares left from what I purchased in late 2010. Lo and behold, I'm almost even again! I held on to some knowing that they continued to drill and develop properties, mom and dad seemed to have no issue financing Jura and they own 73% of Jura, and I thought they'd be profitable long before now (darn gas prices!)
I haven't looked at this in the past few years, other than seeing the loss sitting in my broker account and shedding the occasional tear.
I see there was some decent insider buying back in September - yay!
I took a look at their Sep 30 2020 MD&A and FS and see that they have NI of $3.85MM in nine months, which equates to full year NI of about $5MM, or about 7 cents per share fully diluted. So maybe we are now about farily valued based on a net income per share multiple.
In October commercial production started at Sara and Suri where they have a 60% interest, so this will improve earnings a bit moving fowaward, but these properties look to be quite low producing.
Who knows, maybe this has further to go yet. I've held for the past 10 years so what's another 10 years? lol?