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Gold/Mining/Energy : Ultra Petroleum (UPL)

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To: Little Joe who wrote (4082)4/29/1999 11:40:00 AM
From: ISPYOIL   of 4851
 
identity of sources, nice to know but many of us do not want to be bothered with calls and emails etc, it is not hard to separate the Vancouver pump and dumper's hype from the more factual posters if you just keep track over a period of time of the real results versus the predictions, bye the bye watch for sale of 50% of the Pinedale acreage, while raising cash is necessary, selling the upside while keeping the fully valued Jonah asset is not the right move for an Exploration co, my strong feeling is Watford is trying to create a production co not an exploration co, there is a big difference in how these two types of cos are priced, one on net asset value and the other on price to cash flow primarily
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