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Strategies & Market Trends : Value Investing

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From: Paul Senior	2/19/2014 3:39:15 PM
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TAO.to/TAOIF. Pretty good report from Tag Oil. Negative seems to be production decline. However, positive is record revenue. And unlike several small e&p companies I follow, this New Zealand one is profitable, has plenty of cash and no ltd., sells below stated bv, seemingly has good drilling prospects, operates in a country that isn't a "-stan" , has good netbacks, and its flowing barrels metric seems reasonable (to me). I hold a losing Tag Oil position in several of my accounts; I'm adding shares to them at current price. tagoil.com finance.yahoo.com

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