Newquest Energy-NQE.A:TSE-Emerging Oil Story Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Newquest Energy-NQE.A:TSE-Emerging Oil Story

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: barry doment who wrote ()	11/5/1997 1:28:00 AM
From: CIMA	of 37

Just got more info on Newquest today. They're tying in several previously capped wells by the end of the year and have plans to drill 100 more wells in 1998. Their BOE has gone from 200 to 2000 in 1997 and is expected to end 1998 at 4000 BOE. It's a lo-cost producer with 12mm fully diluted shares out. CFPS for 1998 is projected at $1.50/share. It normally trades at 6-8x CFPS because of its rapid growth. That puts it at $9.00 on the low end and $12.00 on the high end. Now that it's listed on the TSE it should get more analyst attention. Obviously, I like it...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next