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Gold/Mining/Energy : Big Dog's Boom Boom Room

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To: Ed Ajootian who wrote (96043)1/28/2008 12:33:01 PM
From: kingfisher  Read Replies (1) of 206114
 
Hi Ed.
Have you ever seen such negative sentiment in the Canadian junior oil and gas sector?
To give you one example of what I hold.
Today Upper Lake Oil and Gas UP.T gives a great update.
adviceforinvestors.com

Short version 1000 boe production current and average projected for 2008 1000 boe.
Debt after this news $3.2 million.
70% gas,with 25 million shares outstanding.
Share price .53 cents for enterprise value of $16.5 million or $16,500 per flowing barrel.
Another one is TEZ.V same outlook with 27 million shares .57 cents per share.
Time to be buying?Or not cheap enough?
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