IECS- NASDAQ $0.50 stock won prestigious OIL and Gas... 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.

Microcap & Penny Stocks : IECS- NASDAQ $0.50 stock won prestigious OIL and Gas...

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: JOHN SAMSEL who wrote (187)	2/18/1998 6:52:00 PM
From: Bugsy	Read Replies (4) of 747

Hi all , well the market did'nt seem to intrested in the press rerlease. I would also like to see more. Pateince is the key, I believe good things will be happening soon. I would like to see some news about more plants being constructed. I just think they don't want to announce anything untill it's written in stone.I believe this stock is trading at or below book value. IMO we should be trading 5 times book soon. Does anyone know what the ROP Plant is actually worth ? Did it cost around 6 mil. to construct ? If they are processing 250 tons a day and tipping fees are $35.00 a ton thats $ 3,193,750.00 per year and thats not even counting the end product. If they are making just 10 tons a day of feed and selling it at $125.00 a ton thats another $500,000 per year. So the way I figure these plants should produce revenue in the range of 4 mil. per year and I'am being conservative on my figures.But you can see what 15 plants could do for the books. If you hold this stock for 3 years and the co. can meet their projections I would think we could see a stock price anywhere from $5.00 - $15.00 a share. I can't see it being any lower than $5.00. I am not even taking the oil cleanup side of the co. into consideration. I think this is an excellent long term hold .BTW the tipping fees are only going to go up over time and so will the end product. Does anyone see this any other way ? The only downside I see is if they can not find JVs willing to invest. I think they may be gathering data from the 1 plant to show potentail earnings. Well hopefully we will see some more news soon. Best Regards > Bugsy <

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next