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Gold/Mining/Energy : TYK (VSE) Tanganyika Oil
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To: TheRealJRL who wrote (474)1/31/2005 1:58:39 AM
From: HotnSpicy  Read Replies (1) of 500
 
Yes, I hear you, but $59K per boe is no bargain.

And the $59K was giving TYK every benefit of doubt regarding exit output this year. If I used current production, the numbers look much, much worse....

I can't see much near term (12 month) upside in this stock unless huge increases in production occur. TYK is trading at a big premium already.

Good Luck. Thanks for the clarifications. I'll keep my eye on TYK...
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