Post by
dbeaude on Feb 13, 2012 9:45pm
Stock is silly cheap....
With a reasonalbe multiple of 5 times 2012 CFPS of $8.71, this stock would be trading at a reasonable $43....double the current price. Once the market feels that the water issues are under control and wells back on track and some good reserves and production updates, this stock should skyrocket back to at least $30 or more.
Comment by
chizled on Feb 14, 2012 7:50pm
I agree , If this backs off a bit more before there upcoming press release I will add more . Very cheap at these Valuations . A great dividend and so much potential. Emerging markets will out perform this year .
Comment by
investpro2 on Feb 22, 2012 3:39pm
Been waiting for drilling news since end Jan, good jump today on decent volume, News is definitely coming next week or so for Quarter results, I believe 05 March, Good Drilling results may be announced in advance, cheers all