USEG - U S Energy Corp. Message Board

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Gold/Mining/Energy : USEG - U S Energy Corp.

USEG 1.160

-6.3%

Nov 3 3:59 PM EST

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To: Paul Senior who wrote (62)	1/6/2010 10:15:38 PM
From: Texas77	Read Replies (1) of 98

Paul, IMHO the only reason USEG is still under $10 is they are still relatively unknown. When they put out the 10K in early March the game will be on. I am still wondering why they did the secondary offering since they didn't need the money. There must still be some negotiations ongoing for another DPA with one of the Bakken operators. With BEXP trading at $15 we should be in the $10 or better range IMHO. Also I was happy to see that TC is planning to spend 8 - 9 million $ on Mt. Emmons this year. This company sure has a lot of things going on and with the proven oil revenues already in production I just wish I had some cash to add more shares. They started trading options recently and I have added some option contracts to my PF. Long and strong. Good luck to us both since we seem to be the only ones here! LOL

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