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Strategies & Market Trends : Value Investing

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From: Paul Senior	2/13/2013 2:06:18 PM
	Read Replies (1) of 78745

BWN.v/BWSOF. I'll add to my losing position in this penny e&p. Some arguments have become nasty among partners in its Israeli operations, and that seems to have caused the stock to crumble. Company has other core assets in Colombia. The balance sheet appears to be strong, and maybe, the company won't dissipate assets when they deploy the cash for their e&p activities. 130M sh. out.: @$.10/sh, market cap = ~ $13M Cash: $10M Investments: $3M "Exploration and evaluation assets": $49.7M Total Liabilities: $1.4M finance.yahoo.com finance.yahoo.com

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