ALL Has anyone noticed that unknown juniors ( at least to me )have been posting big increases in net earnings and gross revenues.
AS an eg. BXL on A.S.E. gross 97/ 2,963,000 98/ 5,069,000
cash flow from 1,020,000 to 2,091 net earnings from (.01 ) to .03.
PETROBANK energy PBG on T.S.E. gross 97/9,266,000 98/ 12,900,000
cash flow 4,469,000 to 8,453,000, net income 97/ 739,000 to 3,125,000
I realize that these co. are small but other small co. are showing
big losses. Is it because of there management or just the wrong place ( oil instead of gas ) at the wrong time. comments please? |
